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4 Min Read(Reuters) - The S&P; 500 and Nasdaq stock indexes fell from record highs on Monday as uncertainty about progress in U.S.-China trade talks again rose to the fore following comments by President Donald Trump, while a jump in Boeing shares helped the Dow Jones Industrial Average eke out a slim gain. “And so if we can have a few days of consolidation where it eases some of that, then that’s a healthy development for the market overall.” Michael Arone, chief investment strategist at State Street Global Advisors, said that “a lot of good news is priced into the stock market,” including the Federal Reserve’s interest-rate cuts, third-quarter earnings topping low expectations, signs of a bottoming of economic data, and enthusiasm about a potential resolution to trade tensions.
As said here by Lewis Krauskopf