Stocks drift in early trading as traders watch trade talks

Stocks drift in early trading as traders watch trade talks

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/ee2362619740447e9f258f656ff36eaa

Stocks are drifting between gains and losses in early trading on Wall Street Thursday as gains in the technology sector are offset by losses in banks, packaged food makers and other companies. Energy stocks fell along with the price of oil. Investors had their eye on trade as the U.S. and China rolled out more tariffs on each other, escalating their trade dispute even as representatives from both nations held their first high-level talks in two months.

KEEPING SCORE: The S&P 500 rose 2 points, or 0.1 percent, to 2,864 as of 10:07 a.m. Eastern Time. The Dow Jones Industrial Average slid 9.39 points to 25,724. The Nasdaq composite gained 21 points, or 0.3 percent, to 7,910. The Russell 2000 index of smaller-company stocks declined less than 1 point, or 0.1 percent, to 1,721. The Russell is coming off two consecutive all-time highs.