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Fortune
Fortune
Ben Weiss

Stock markets stagnate as investors wait for results of China trade talks

(Credit: Pete Kiehart—Bloomberg/Getty Images)

Stock markets were flat Friday as investors await the start of highly anticipated trade talks between the U.S. and China this weekend. The S&P 500 dropped 0.07%, the Nasdaq was flat, and the Dow Jones slid 0.3%. Markets closed the week stagnant, dipping Monday before regaining losses later in the week.

“I look forward to productive talks as we work towards rebalancing the international economic system towards better serving the interests of the United States,” Treasury Secretary Scott Bessent said Tuesday when he announced that he would travel to Geneva, Switzerland, to meet with his Chinese counterparts.

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