Requests Extradition: Points and Benchmarks Fare

requests extradition: How did the benchmarks fare The Dow Jones Industrial Average DJIA, 0.70% sank 301.87 points, or 1.2%, to 24,404.48, while the S&P 500 index SPX, 0.22% dropped 37.81 points, or 1.4%, to 2,632.90, according to Market Watch. The Nasdaq Composite Index COMP, 0.08% fell 136.87 points, or 1.9%, to 7,020.36. Earnings also remained in focus, with a busy week ahead. Read Here's President Trump's stock-market scorecard after 2 years in office What drove the market Stocks were battered by reports that U.S. officials turned down an offer by China to hold a preparatory meeting on trade negotiations due to a lack of progress in areas including forced technological transfers and economic reforms. Meanwhile, if the U.S. formally requests the extradition of Huawei's chief financial officer, Meng Wanzhou, from Canada over allegations she lied about the company's dealings with Iran, negotiations with China could become even more difficult. However, the market trimmed its losses late in the session after White House adviser Larry Kudlow denied that the U.S. rejected China's overtures. (news.financializer.com). As reported in the news.