* New U.S. 90-day extension to Huawei refuels equity rally. * U.S. Treasury prices rise on equity rally. * World share index less than 1% from record high. * Dollar slips as does crude as trade tensions remain. By Herbert Lash.
By Chris Matthews and William Watts, MarketWatch, Andrea Riquier. Dow ended last week with push above 28,000 milestone. Stocks pushed slightly higher Monday afternoon after spending the early part of the session bouncing between flat and slightly lower, as investors gauged a round of recent all-time highs records against the prospect of a so-called phase- one U.S.-China trade agreement.
* U.S. grants 90-day extension to Huawei. * HP dips after rejecting Xerox's (XRX) $33.5 bln bid. * Coty (COTY) gains on stake in Kylie Jenner's businesses. * Indexes up: Dow 0.12%, S&P 0.1%, Nasdaq 0.18% By Sinéad Carew. NEW YORK, Nov 18 - Wall Street's main indexes were very slightly higher on Monday after closing at records on Friday and investors digested mixed headlines on U.S.-China trade relations.
U.S. stocks drifted between small gains and losses Monday, kept in a narrow range by a dearth of economic data and earnings. The Dow Jones Industrial Average was last up 33 points, or 0.1%, to 28037, heading toward another closing record. The S&P 500 added less than 0.1% and the Nasdaq Composite was up 0.1%.
* Trade deal mood in Beijing pessimistic - CNBC. * Chipmakers rise as U.S. grants 90-day extension to Huawei. * HP dips after rejecting Xerox's (XRX) $33.5 bln bid. * Coty (COTY) gains after taking stake in Kylie Jenner's businesses. * Indexes: Dow up 0.04%, S&P flat, Nasdaq off 0.03% By Arjun Panchadar.
U.S. stocks drifted between small gains and losses Monday, kept in a narrow range by a dearth of economic data and earnings. The Dow Jones Industrial Average rose 10 points, or less than 0.1%, to 28014. The S&P 500 declined less than 0.1% and the Nasdaq Composite was off 0.1%. Moves were muted after stocks finished at a fresh set of records Friday.
* China trims short-term interest rate in surprise move. * World share index less than 1% from record high. * Beijing said to be pessimistic about tariffs -CNBC. * Dollar, crude slip on CNBC report. By Herbert Lash.
- Wall Street's main indexes eased from record levels on Monday after a report stoked fresh fears about a resolution to the U.S.-China trade dispute that has hit global growth and roiled financial markets over the past 16 months. The mood in Beijing about a deal was pessimistic due to President Donald Trump's reluctance to roll back tariffs, CNBC reported, citing a government source.
Consumer spending, business production slow ahead of holidays. Stocks on Wall Street have soared to fresh record highs, but it's not because the economy is flashing a big thumbs-up sign. The economy is still expanding, to be sure, and sporadic worries about recession have faded again.
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