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Stocks were little changed on Tuesday as investor sentiment was kept in check by a looming deadline for U.S.-China trade talks.
The Dow Jones Industrials remained in the red 8.32 points to 27,901.28
The S&P 500 edged higher 0.65 points to 3,136.61
The NASDAQ recovered 11.02 points to 8,636.79
Dave & Buster’s, Designer Brands and AutoZone are among the firms reporting earnings Tuesday.
The Wall Street Journal first reported the U.S. plans to delay slapping China with additional tariffs as both sides try to work out a so-called phase one trade deal. A deadline for the two countries had been set for Dec. 15. If an agreement wasn’t reached by then, the new U.S. tariffs would take effect.
Investors also kept an eye on the Federal Reserve as the central bank kicks off its last two-day monetary policy meeting of the year. The Fed is expected to hold rates steady.
Prices for the 10-Year U.S. Treasury lost ground, raising yields to 1.85% from Monday’s 1.83%. Treasury prices and yields move in opposite directions.
Oil prices nicked up 19 cents at $59.21 U.S. a barrel.
Gold prices improved $3.40 at $1,468.30 U.S. an ounce.
