pulled back 0.6% at 8,030.66. For the week, the S&P 500 was on pace for its second straight weekly drop.
"It always amazes me how, despite everything else that is happening, the thing the market pays the most attention to is China trade," said Art Hogan, chief market strategist at National Securities. "If you rank things in an algorithm, trade would be at the top." The market turned slightly higher after China's foreign Minister Wang Yi said the U.S. has shown good will by waiving tariffs and China is willing to buy more American products, Reuters reported.
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