Retailers, tech companies weigh on US stock market; Oil up

16Nov - by Editor - 0 - In STL.News



U.S. stock indexes turned mostly lower in afternoon trading Friday, placing the market on course to end the week with sharp loss. Stocks briefly rallied after President Donald Trump expressed optimism that the U.S. and China will reach a deal to resolve their costly trade dispute, but the gains quickly faded. The remarks came as representatives of both countries have resumed talks.

Losses in large retailers and technology companies outweighed gains by health care companies, energy stocks and utilities.

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