Policy Meeting: Benchmarks Fare and P Spx

policy meeting: How did the benchmarks fare The Dow Jones Industrial Average DJIA, -0.55% shed 26.72 points, or 0.1%, to 25,887.38, while the S&P 500 SPX, -0.29% slipped 0.37 point to 2,832.57, according to Market Watch. The Nasdaq Composite Index COMP, 0.07% rose 9.47 points, or 0.1%, to 7,723.95. The Federal Reserve also convened a two-day policy meeting which will conclude Wednesday. What drove the market A Bloomberg News report that China is pushing back against U.S. demands for concessions in bilateral trade talks dampened market sentiment with major indexes coming off intraday highs. However, the The Wall Street Journal also reported that the two countries are in the final stages of negotiations with U.S. Representative Robert Lighthizer and Secretary of Treasury Steven Mnuchin scheduled to fly to Beijing next week. Chinese officials are reportedly indicating that the U.S. has not made sufficient assurances that President Donald Trump's administration will lift tariffs on Chinese goods in exchange for Beijing agreeing to changes in their intellectual property regulations. (news.financializer.com). As reported in the news.