The market had rallied for five straight days since the Federal Reserve signaled it is open to cutting interest rates if needed to stabilize the U.S. economy rattled by trade disputes. The gains had erased much of the Standard & Poor’s 500 index’s 6.6% decline in May. But on Tuesday, concerns that the U.S. trade spat with China could be prolonged and hurt growth in the world’s two biggest economies dimmed investor enthusiasm.

Source: Los Angeles Times June 11, 2019 18:46 UTC