Stocks Pared Losses and Ended Moderately Lower

U.S. stocks reversed most of the session’s losses and ended moderately lower on Monday, as President Donald Trump’s threat to slap higher tariffs on Chinese goods was momentarily offset by news that a delegation from China would visit the U.S. The Dow Jones Industrial Average slid 66.47 points, or 0.25%, to 26,438.48. The S&P 500 declined 13.17 points, or 0.45%, to 2,932.47. The Nasdaq Composite retreated 40.71 points, or 0.50%, to 8,123.29.

Crude-oil prices turned higher by Monday’s settlement, as concerns surrounding U.S.-China trade talks eased and tensions in the Middle East climbed. West Texas Intermediate crude for June delivery added 31 cents, or 0.5%, to settle at $62.25 a barrel.July Brent crude rose 39 cents, or 0.6%, to settle at $71.24 a barrel.

A Chinese delegation will travel to the United States for trade talks this week after President Donald Trump’s latest tariff threat. The team from Beijing was set to start talks with American negotiators on Wednesday as the world’s two largest economies push for a trade agreement.