U.S. Stocks Decline, Bonds Mixed on Trade Jitters: Markets Wrap
- Busy week ahead with Fed, ECB to meet, U.K. general election
- Tarriff deadline on Dec. 15 looms as tensions remain high
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U.S. stocks fell in thin trading as investors turned cautious ahead of a week full of potential catalysts, from central bank meetings to a looming tariff deadline. Treasury 10-year notes held modest gains.
The S&P 500 ended at session lows in volumes below the 30-day average. Weak China export data added to concern, with investors awaiting news on whether Washington will go ahead with a planned Dec. 15 tariff hike. The Stoxx Europe 600 Index retreated. Stock indexes posted modest increases in Tokyo and Seoul, though gains mostly fizzled in Hong Kong and Shanghai.