S&P 500 flat as Apple overshadows positive trade deal cues

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S&P 500 flat as Apple overshadows positive trade deal cues
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U.S. stock index futures rose for a fourth straight session on Tuesday as U.S.-China officials reaffirmed their commitment to a Phase-1 trade ...

REUTERS: The S&P 500 was little changed on Tuesday following a three-day rally as a drop in Apple shares overshadowed optimism from remarks made by U.S. and China officials in pledging firm commitment to a Phase One trade deal.

"The market is going to pause and digest the big moves we saw over the last few months and weeks," said Adam Sarhan, chief executive of 50 Park Investments in New York. Apple Inc's 1.2per cent drop weighed heavily on the three main indexes and the shares were on course to end five days of gains. At 11:08 a.m. ET, the Dow Jones Industrial Average was down 122.19 points, or 0.43per cent, at 28,186.27, the S&P 500 was up 0.50 points, or 0.01per cent, at 3,431.78. The Nasdaq Composite was up 24.31 points, or 0.21per cent, at 11,404.03. Medtronic rose 3.

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