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Wall Street extends slide on report Trump-Xi meeting unlikely before deadline

Reuters 

(Reuters) - U.S. stocks extended losses on Thursday after a report said a meeting between and Chinese was "highly unlikely" to take place by a key March deadline, set by the two countries for reaching a trade deal.

Wall Street was already off to a weak start as fears of a global slowdown resurfaced after the cut its economic growth forecasts.

At 11:45 a.m. ET the was down 320.36 points, or 1.26 percent, at 25,069.94, the S&P 500 was down 36.50 points, or 1.34 percent, at 2,695.11 and the was down 112.60 points, or 1.53 percent, at 7,262.68.

(Reporting by in Bengaluru; Editing by Shounak Dasgupta)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 07 2019. 22:20 IST
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