US stocks fall in premarket as US-China talks resume

By Jeff Davies

United States shares fell in Monday’s premarket trading as US and China resume talks aimed at resolving their months-long trade dispute.

Today’s talks, which are taking place in Beijing, mark the first formal meeting between the representatives of the two countries since presidents Donald Trump and Xi Jinping agreed to hold off further tariffs for 90 days.

Meanwhile, amid the resumed trade talks, China’s Foreign Ministry slammed the American warship USS McCampbell for entering the countries waters and accused it of breaching Chinese and international law.

The Dow Jones was trading 0.20% lower in premarket, while the Nasdaq 100 lost 0.45% before the opening bell. Meanwhile, the S&P 500 was trading 0.26% in the negative territory.

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