Wall Street slumps after China delegates cancel U.S. farm visit
(Reuters) - Wall Street's main indexes dropped sharply on Friday after Chinese agriculture officials who were due to visit U.S.
(Reuters) - Wall Street's main indexes dropped sharply on Friday after Chinese agriculture officials who were due to visit U.S. farm states next week canceled their trip to Montana, dampening early optimism on U.S.-China trade talks.
At 1:18 p.m. ET, the Dow Jones Industrial Average was down 119.02 points, or 0.44%, at 26,975.77, the S&P 500 was down 16.97 points, or 0.56%, at 2,989.82. The Nasdaq Composite was down 85.32 points, or 1.04%, at 8,097.56.
(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)
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By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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