Markets Right Now: Stocks fall on uncertainty over trade

NEW YORK (AP) — The latest on developments in financial markets (all times local):

4:00 p.m.

Stocks are closing slightly lower on Wall Street Monday as traders look for clarity on the status of trade talks between the U.S. and China.

Comments from President Trump on Saturday created some uncertainty about how far the U.S. would go in rolling back tariffs as part of a preliminary trade deal.

Walgreens Boots Alliance bucked the downward trend, gaining 4.7% after Bloomberg reported that private equity firm KKR wants to buy the drugstore operator.

The S&P 500 fell 6 points, or 0.2%, to 3,087. Nine of the 11 sectors in the index were showing losses.

The Dow Jones Industrial Average eked out a tiny 10- point gain, or 0.04%, to 27,691. The Nasdaq slipped 11 points, or 0.1%, to 8,464.

There was no trading in U.S. Treasurys due to the Veterans Day holiday.

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11:55 a.m.

Stocks are lower around midday on Wall Street Monday as traders look for clarity on the status of trade talks between the U.S. and China.

Comments from President Trump on Saturday created some uncertainty about how far the U.S. would go in rolling back tariffs as part of a preliminary trade deal.

Walgreens Boots Alliance bucked the downward trend, gaining 5.9% after Bloomberg reported that private equity firm KKR wants to buy the drugstore operator.

The S&P 500 fell 9 points, or 0.3%, to 3,083. Ten of the 11 sectors in the index were showing losses.

The Dow Jones Industrial Average lost 77 points, or 0.3%, to 27,604. The Nasdaq slipped 24 points, or 0.4%, to 8,450.

There is no trading in U.S. Treasurys due to the Veterans Day holiday.

___

9:35 a.m.

Stocks are falling in early trading on Wall Street Monday as traders look for clarity on where things stand with trade talks between the U.S. and China.

Conditions in Hong Kong are also a concern. The Hang Seng index fell 2.6% after a police officer shot and wounded a protester.

On trade, comments from President Trump created uncertainty on how far the U.S. would go in rolling back tariffs as part of a preliminary trade deal with China.

The S&P 500 fell 14 points, or 0.5%, to 3,078. Energy stocks led the declines.

The Dow Jones Industrial Average lost 126 points, or 0.5%, to 27,554. The Nasdaq slipped 43 points, or 0.5%, to 8,431.

There is no trading in U.S. Treasurys due to the Veterans Day holiday.

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