10/29/2019, 9:00 PM (Source: TeleTrader)
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Wall Street closes lower as trade optimism fades

Major US stock markets closed in the red on Tuesday as market participants looked for clues in the latest news surrounding the trade talks between the United States and China. Earlier reports have suggested that the world's two biggest economies will not sign the trade deal in November at the Asia-Pacific Economic Cooperation meeting, dampening investors' sentiment.

The Dow Jones Industrial Average ended the session losing 0.07%. Apple was the worst performer as it retreated 2.31%. The Nasdaq 100 dived 0.78% at the close. Tesla led the losses thorughout much of the session, dipping 3.51% as the session ended. Meanwhile, the S&P 500 traded 0.08% in the red as IPG Photonics Corp plunged 13.34%.

The euro added 0.10% against the US dollar, buying 1.11111 at 4:00 pm ET.

Breaking the News / GG