The Dow and broader U.S. stock market bounced back on Wednesday, as investors tried to piece together a narrative to explain the apparent stalling of China trade negotiations ahead of next week’s summit in Beijing. Dow Recovers All of Wall Street’s major indexes traded lower through the morning session as investors shifted their focus to monetary policy and trade negotiations. The Dow Jones Industrial Average extended its slide to triple digits, reflecting a tepid pre-market for U.S. stock futures. Markets bounced back sharply after the Federal Reserve concluded its policy meeting Wednesday afternoon by leaving its benchmark interest rate unchanged.
* First published on ccn.com