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Stocks stall in midday trading as caution lingers over trade

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Stocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China.

Technology and health care stocks were posting some solid gains even as the energy sector fell because of a decline in the price of crude oil.

OVERSEAS: European markets fell. The European Union faces a potential trade war with the U.S. as the Trump administration readies trade sanctions on up to $7.5 billion worth of goods. The tariffs are set to go into effect Friday and stem from a dispute over subsidies to the airplane maker Airbus. The overall picture hasn't changed for companies, which are still holding off on forecasts and investments because of the uncertain trade situation.

 

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