Points: Trade Deal

points: How did major indexes fare The Dow Jones Industrial Average DJIA, -0.87% slid 21.22 points to 25,390.30, while the S&P 500 index SPX, -0.94% shed 6.08 points, or 0.2%, to 2,731.62, and the Nasdaq Composite Index COMP, -1.18% fell 26.80 points, or 0.4%, at 7,375.28, according to Market Watch. What drove the market In his speech to the nation Tuesday night, Trump said he had great respect for Chinese President Xi Jinping, adding that the two leaders are working on a new trade deal, while insisting that any agreement include real, structural change to end unfair trade practices, reduce our chronic trade deficit and protect American jobs. The president, however, insisted China commit to real, structural economic reforms before a trade deal can be reached. Treasury Secretary Steven Mnuchin, during an interview with CNBC on Wednesday, confirmed that he and U.S. trade representative Robert Lighthizer will travel to Beijing next week to continue negotiations over the continuing trade dispute, as the administration-imposed March 1 deadline for a deal approaches, after which the president has threatened to expand tariffs on Chinese imports. The president also vowed to build a proposed border wall, but stopped short of declaring a national emergency. Read Trump stops short of border emergency and omits infrastructure details in State of the Union Trump reiterated a call for an infrastructure plan, but unlike last year didn't put a price tag on it. (news.financializer.com). As reported in the news.