Dow falls – U.S., China still far away on trade deal

By Around the Web

(CNBC) The Dow Jones Industrial Average fell on Thursday amid lingering concern over U.S.-China trade negotiations.

The 30-stock index dipped 21 points, led by losses in Merck and Pfizer. The S&P 500 eked out a 0.1 percent gain as chip stocks lifted the technology sector. The Nasdaq Composite outperformed, rising 0.68 percent.

Intel climbed nearly 4 percent while Lam Research surged 14 percent. The VanEck Vectors Semiconductor ETF (SMH), which tracks chip stocks, rose 5.8 percent to notch its biggest one-day gain since March 23, 2009.

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