[NEW YORK] Wall Street stocks finished a volatile session solidly lower Friday as worries over US-China trade relations more than offset strong consumer data and other more conciliatory trade developments.The broad-based S&P 500 dropped 0.6 per cent to close at 2,859.53, while the tech-rich Nasdaq Composite Index tumbled 1.0 per cent to end at 7,816.28.
Worries about China ultimately outweighed two other conciliatory steps by President Donald Trump on Friday on trade: the lifting of steel tariffs on Canada and Mexico, and a six-month delay on tariffs on auto imports that have worried Europe and Japan. Among individual companies, Deere & Company plunged 7.7 per cent after lowering its financial forecast for the year, citing"softening conditions" in the agricultural sector - which has been hit hard by Chinese retaliation.
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