Also, Chinese President Xi Jinping called on the U. S. for a peaceful resolution with North Korea, which has warned it would
launch a nuclear attack if provoked by the United States, as a U. S. Navy strike group headed toward the western Pacific.
ET, the Dow Jones Industrial Average was down 52.9 points, or 0.26 percent, at 20,598.4, the S&P 500 was down 7.27 points, or 0.31 percent, at 2,346.51
and the Nasdaq Composite was down 19.45 points, or 0.33 percent, at 5,847.32.
The S&P 500 fell below its 50-day moving average, while the price of gold
and VIX, Wall Street’s fear gauge, rose to their highest levels since November.
(Reuters) - U. S. stocks edged lower on Wednesday as investors assessed uncertainty stemming
from rising geopolitical tensions and the upcoming corporate earnings season.
The S&P 500 index showed nine 52-week highs and no new lows, while the Nasdaq recorded 40 highs and 24 lows.
Josh Jalinski said that Technically, we are due for a breather and if the earnings season disappoints, it could provide the correction that we need,