Hello traders everywhere. Stocks fell to their lows of the day when news that Chinese trade officials canceled a visit to U.S. farms in Montana. Deputy trade negotiators from the U.S. and China resumed face-to-face talks for the first time in almost two months. The deputy-level trade talks are expected to help lay the groundwork for high-level negotiations early next month. This briefly lifted investor sentiment around trade talks. Washington and Beijing have imposed tariffs on billions of dollars� worth of one another�s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. The Dow traded 130 points lower, while the S&P 500 slipped 0.5% and the Nasdaq dropped 1%. For the week the major indexes will post their first weekly loss in over three weeks. The S&P 500 will lose -.30%, the DOW has the most significant losses with a loss of -.66%, and the NASDAQ brings up the rear with a weekly loss of -.49%. The Dow came into Friday�s session 1.1% removed from its all-time high while the S&P 500 was 0.7% below its record mark from late July. The Nasdaq remained 1.9% away from its record. Key Levels To Next Week: S&P 500 (CME:SP500): 2,891.85 Dow (INDEX:DJI): 25,978.22 NASDAQ (NASDAQ:COMP): 7,847.32 U.S. Dollar (ICE:DX): 97.85 Gold (NYMEX_GC.Q19): 1,496.03 Crude Oil (NYMEX:CL.X19): 58.02 Bitcoin (BITCOIN:BITSTAMPUSD): 10,949.00
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