Stocks were little changed at the open as investors weighed ongoing trade negotiations between China and the U.S. along with strong earnings from Target.
div > div.group > p:first-child"> The Dow Jones Industrial Average fell 15 points as shares of Walgreens Boots Alliance dipped more than 1 percent. The S&P 500 were down 0.1 percent along with the Nasdaq Composite.
"We're trying to get that rectified, get that fixed, make it fair and reciprocal and I think we're on the cusp of doing that and I hope all those tariffs will go away, all those barriers," Pompeo told KCCI television in Des Moines, where he was attending a farmers conference. U.S. investors have been closely watching negotiations on trade with China as they assess how a deal —or lack thereof — could impact corporate profits.
"The rally from the 12/26/18 low is among the strongest starts to the year since 1987. The past two months' straight-line move, however, has seen bearish sentiment fall to its lowest since January 2018, just as the S&P 500 finds resistance at 2,813," Julian Emanuel, chief equity and derivative strategist at BTIG, wrote in a note.
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