US: Stocks fall as markets await trade deal details

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[NEW YORK] Wall Street stocks sagged on Monday following weak US construction data as investors awaited more details on an expected US-China trade deal. Read more at The Business Times.

[NEW YORK] Wall Street stocks sagged on Monday following weak US construction data as investors awaited more details on an expected US-China trade deal.The broad-based S&P 500 shed 0.4 per cent to close at 2,792.81, while the tech-rich Nasdaq Composite Index lost 0.2 per cent to 7,577.57.

FTN Financial's Chris Low said the construction report - while not especially surprising - came on the heels of other disappointing data from overseas market and suggest economic slowing overall

 

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