US Stocks Cling to Tiny Gains

As investors parse trade signals
By Newser Editors and Wire Services
Posted Jan 14, 2020 3:16 PM CST
US Stocks Cling to Tiny Gains
In this Jan. 9, 2020, file photo trader Timothy Nick works in his booth on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks struggled to hold on to meager gains on Wall Street Tuesday as investors parsed the latest indications on trade relations between the US and China as well as the first wave of quarterly earnings reports from big companies. Wells Fargo dropped but JPMorgan Chase rose, the AP reports. Traders were spooked by a report that US tariffs would remain in place on Chinese goods even after a preliminary deal is signed Wednesday. The S&P 500 fell 4 points, or 0.2%, to 3,283. The Dow Jones Industrial Average edged up 32 points, or 0.1%, to 28,939. The Nasdaq fell 22 points, or 0.2%, to 9,251. Small-company stocks rose. (Read more stock market stories.)

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