US: Wall St finishes down as US-China tensions heighten trade deal worries

The S&P 500 has surged over 30 per cent from its March low, but it remains down about 13 per cent from its Feb 19 record high. Almost half of S&P 500 stocks are down 20 per cent or more since Feb 19, underscoring how uneven the recovery has been.

The majority of the 11 S&P sector indexes declined, with energy, utilities, materials consumer staples, and technology each down 1 per cent or more. Discount chain owner TJX jumped nearly 7 per cent to a more than two-month high after it flagged strong sales at its stores that have reopened after lockdowns.

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