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November 7, 2019

Stocks close slightly lower

By STAN CHOE
AP Business Writer

NEW YORK — A meandering day of trading left U.S. stock indexes close to their record highs on Wednesday, as strong gains for health care companies jousted with sharp drops in energy stocks.

The market took a decisive turn lower in the middle of the day after a report from Reuters said the United States and China may delay signing “phase one” of their trade deal until December, but the drop didn't last long. After sinking 0.3%, the S&P 500 erased its loss within about two hours.


 
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