Wall Street's main stock indices erased their profits and traded slightly below zero, as industrial companies lost their early optimism over falling trade tensions and chances for Fed interest rate cuts.
The industrial sector is down 1.09% at the moment, with United Technologies and Raytheon's losses being the biggest.
United Technologies are down 4.1 percent, while Raytheon loses 4.9 percent after Donald Trump gives mixed signals as to whether he believes the merger of the two companies for $ 121 billion should be made.
The optimism of Friday's decision by Trump not to set tariffs on Mexico helped a lot of the markets this week, although the US said they would impose the rates if conditions were not met.
Separately, Trump said he would impose new tariffs on China if there is no progress between him and Xi Jinping in the G20 negotiations.
We do not expect the S & P 500 to reach its record levels without a conflict resolution.
Meanwhile, the markets are poised to lower interest rates in July, followed by another two to the end of the year, after actions like Trump against Beijing and others could push the economy back into recession.
However, US producer prices continue to rise solidly for the second consecutive month in May, along with analysts' expectations, which speaks of a healthy rise in inflation.
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