US: Wall St dips as Trump dashes hopes of imminent trade deal

[NEW UYORK] US stocks fell at the open on Friday as US President Donald Trump said a report about a trade deal with China was completely wrong, tempering hopes that the two sides would arrive at an agreement in time to avoid new tariffs scheduled for Sunday.

"The Wall Street Journal story on the China Deal is completely wrong, especially their statement on Tariffs," Mr Trump wrote in a tweet, offering no specifics and not indicating which story he meant.

The Dow Jones Industrial Average fell 8.41 points, or 0.03 per cent, at the open to 28,123.64. The S&P 500 opened lower by 1.92 points, or 0.06 per cent, at 3,166.65, while the Nasdaq Composite dropped 3.41 points, or 0.04 pwer cent, to 8,713.91 at the opening bell. 

REUTERS