US Equities opened lower overnight amid a lack of progress on the U.S.-China trade deal before briefly erasing losses on home-sales and service-industries data that beat estimates. The S&P 500 dropped 0.1% as did the Dow Jones; Judging by the market reaction in Asia to China’s latest economic-growth target, a detente with the U.S. on trade can’t come soon enough. The MSCI Asia Pacific Index fell 0.3 percent; Gold futures extended the longest slump in almost two years as better-than-expected economic data and signs of easing trade tensions further dented demand for the metal as a haven;
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