Wall Street's main indexes eased on Thursday from more than two-month highs hit in the previous session, as growing Sino-U.S. tensions and ...
REUTERS: Wall Street ended lower on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions that raised doubts about the trade deal reached early this year between the world's two largest economies.
"The White House has resolved to itself that it is more effective to swing at China than to salvage what was going to already be a watered-down Phase 1 trade deal. You don't score any points for that," Shea said. Best Buy Co Inc fell 4.4per cent after the electronics retailer reported a 5.3per cent drop in quarterly same-store sales due to the virus. L Brands Inc surged 18per cent despite posting worse-than-expected quarterly results but said it will scale down its struggling Victoria's Secret unit
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