FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 23, 2019. REUTERS/Brendan McDermid
(Reuters) – U.S. stocks reversed earlier gains on Tuesday, as President Donald Trump delivered a stinging rebuke to China’s trade practices, while a sharp drop in September’s consumer confidence weighed on Amazon.com shares.
At 11:40 a.m. ET, the Dow Jones Industrial Average .DJI was down 26.89 points, or 0.10%, at 26,923.10, the S&P 500 .SPX was down 6.11 points, or 0.20%, at 2,985.67. The Nasdaq Composite .IXIC was down 55.99 points, or 0.69%, at 8,056.48.
Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila
