Stocks Ended Lower on Trade Deal Delay

U.S stocks ended lower on Tuesday but off session lows, trimming the sharp decline that followed remarks by President Donald Trump indicating he was in no hurry to clinch a trade deal with China. The Dow Jones Industrial Average fell 280.23 points, or 1.01%, to 27,502.81. The S&P 500 lost 20.67 points, or 0.66%, to 3,093.20. The Nasdaq Composite declined 47.34 points, or 0.55%, to 8,520.64.

Oil futures ended on a mixed note Tuesday, with Brent oil prices logging their lowest settlement in almost five weeks, but U.S. benchmark prices were up a second straight session. West Texas Intermediate crude for January delivery rose 14 cents, or 0.3%, to settle at $56.10 a barrel. February Brent crude lost 10 cents, or 0.2%, to finish at $60.82 a barrel.

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