Stocks pause as investors monitor trade, parse whistleblower complaint

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Stocks opened on either side of unchanged Thursday, in directionless trade as investors weighed U.S.-China trade talks, digested a raft of economic data and...

Stocks opened on either side of unchanged Thursday, in directionless trade as investors weighed U.S.-China trade talks, digested a raft of economic data and kept an eye on proceedings around a whistleblower complaint that contributed to a decision by House Democrats this week to open a formal impeachment inquiry against President Donald Trump. The Dow Jones Industrial Average DJIA, -0.

01% was up 1.19 points, or less than 0.1%, at 26,971.90, while the S&P 500 SPX, -0.20% fell 4.27 points, or 0.1%, to 2,980.60. The Nasdaq Composite COMP, -0.46% was down 24.02 points, or 0.3%, at 8,053.36. Ahead of the bell, stock-index futures were buoyed by positive remarks out of China and Washington on trade talks, but then gave back modest gains following the release of the whistleblower complaint.

 

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Investors are making the issue worse by selling off stocks. They start a landslide that hurts all other investors over speculation.

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