NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are falling at midday on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S. and China.
Talks between the two countries broke off weeks ago and no new negotiations have been set while tensions remain high. Investors worry a prolonged trade war could hurt economic growth and corporate profits.
The Dow Jones Industrial Average dropped 390 points, or 1.5%, to 25,385. The S&P 500 index fell 42 points, or 1.5%, to 2,813.