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Wall Street extends losses after comments from US trade representative
Feb 27, 2019 11:14 AM

US stocks added to losses on Wednesday after US Trade Representative Robert Lighthizer said US issues with China are "too serious" to be resolved by promises of more purchases of US goods by Beijing.

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Earlier in the day, markets were also pressured by technology stocks, as the second US-North Korean nuclear summit kicked off and tensions flared up between nuclear-armed neighbors India and Pakistan.

At 10:17 a.m. ET the Dow Jones Industrial Average was down 134.03 points, or 0.51 percent, at 25,923.95, the S&P 500 was down 13.67 points, or 0.49 percent, at 2,780.23 and the Nasdaq Composite was down 51.20 points, or 0.68 percent, at 7,498.09.

First Published:Feb 27, 2019 8:14 PM IST

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