Market u.s: Chinese Negotiators and Benchmarks Fare

market u.s: What drove the market U.S. and Chinese negotiators have started to iron out specific details of a possible trade deal, Reuters reported, citing sources it called familiar with the talks, according to Market Watch. The report said agreements in principle are being drawn up in six key areas forced technology transfers and cyber theft, intellectual-property rights, services, currency, agriculture and nontariff barriers to trade. However, fears about a world-wide slowdown were somewhat tempered by reports that U.S. and Chinese negotiators were beginning to outline a deal to end a long-running trade spat How did major benchmarks fare The Dow Jones Industrial Average DJIA, 0.70% fell 103.81 points, or 0.4%, to 25,850.63 and the S&P 500 SPX, 0.64% shed 9.82 points, or 0.4%, to 2,774.88, while the Nasdaq Composite Index COMP, 0.91% dropped 29.36 points, or 0.4%, to 7,459.71. Negotiators have continued talks in Washington this week, following a round of discussions last week in Beijing. Concerns about slowing global growth were underscored by the release of surveys from Europe and Japan that showed manufacturing contracting in February, with export-dependent German manufacturers reporting the worst drop in activity in more than six years. President Donald Trump earlier said that a March 1 deadline isn't a magical date, which investors took as a sign that tariffs on imports of Chinese goods may not automatically rise next month if progress continues toward a deal. (news.financializer.com). As reported in the news.