U.S. stocks drop late in session on trade uncertainty

May 17, 2019 Off By readly

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) – Wall Street shares extended losses in late trade on Friday after CNBC reported that the next round of U.S.-China negotiations was in flux, looking set to end a seesaw week the same way they started with selling on worries about the escalating trade war.

The Dow Jones Industrial Average fell 84.85 points, or 0.33%, to 25,777.83, the S&P 500 lost 14.42 points, or 0.50%, to 2,861.9 and the Nasdaq Composite dropped 71.50 points, or 0.91%, to 7,826.55.

Reporting by Alden Bentley; Editing by Nick Zieminski

Source of this (above) article: https://www.reuters.com/article/us-usa-stocks-decline/u-s-stocks-drop-late-in-session-on-trade-uncertainty-idUSKCN1SN2GG?feedType=RSS&feedName=topNews