Stocks declined broadly on Wall Street Monday afternoon, knocking more than 300 points off the Dow Jones Industrial Average. The broad sell-off came as investors waited for more details on reports that the U.S. and China are moving closer to a deal to resolve their costly trade dispute. The world's two largest economies have pulled back from an immediate escalation of their damaging trade war since they started negotiating last month. President Donald Trump postponed a deadline for raising tariffs on more Chinese goods, citing progress in a series of talks. The U.S. has accused China of stealing technology and forcing companies to turn over technology in order to do business.

Source: New York Times March 04, 2019 15:14 UTC