- US and China are reportedly planning to delay December 15 tariffs.
- US Trade Representative travels to Mexico to sign the USMCA deal.
- Real Estate Index post modest gains in early trade.
Wall Street's main indexes started the day modestly lower on Tuesday as investors maintain their cautious stance despite positive geopolitical developments. As of writing, the Dow Jones Industrial Average was down 0.33% on the day while the S&P 500 and the Nasdaq Composite were erasing 0.25% and 0.2%, respectively.
Earlier in the day, the Wall Street Journal reported that negotiators were planning to delay the US' tariff hike on Chinese imports that will go into effect on December 15th. Moreover, the US Trade Representative, Robert Lighthizer, is reportedly travelling to Mexico to sign the United States-Mexico-Canada Agreement (USMCA) trade agreement.
The Real Estate Index is the only major S&P 500 sector that is posting gains in the early trade. On the other hand, the Communication Services Index is down 0.5% to lead the losers.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.