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President Trump said trade talks were going well, though

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Market Recap
 
 

3/19/2019

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Dow Snaps Win Streak on U.S.-China Trade Concerns

By Karee Venema

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The Dow was up 195 points at its session peak, but erased these gains by the close after Bloomberg News suggested some U.S. officials are concerned China could have second thoughts on certain trade concessions. This offset assurances from President Donald Trump that, "Talks with China are going very well," given at a press conference earlier today, and a Wall Street Journal report that said U.S.-China trade negotiations are in the final stages. While the Dow missed out on its longest daily winning streak since the start of the year, the Nasdaq muscled to a third straight win on semiconductor strength. Looking ahead, investors are awaiting the conclusion of the Fed's two-day policy meeting, with the central bank's statement due at 2 p.m. ET tomorrow.

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