Stocks close little changed as rally loses steam on trade-deal uncertainty

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Stocks were little changed on Wednesday, struggling to sustain the recent rally that drove the market to record highs. The Dow was flat, while the S&P 500 also barely changed. The Nasdaq declined 0.3%.

declined nearly 0.3% as big tech including Amazon, Microsoft, Apple and Facebook all underperformed. The 30-stock Dow hit another record close in the previous session.

Last month, the U.S. and China reached a truce and started working to finalize a "phase one" trade agreement that includes a pause in tariff escalation and China buying U.S. agriculture products. Trump said last week a new location for signing the limited dealafter the initial gathering in mid-November was canceled due to unrelated reasons.

HP surged more than 6% on Wednesday after Xerox reportedly made a cash-and-stock offer for the personal-computer and printer maker. CVS Health rose 5.3% on stronger-than-expected third-quarter earnings.

 

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cnn will broadcast that the Stocks almost CRASHED Today, watch & see.....

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