Australia markets close in 1 hour 45 minutes

NewsBreak: Stocks Stumble on Weak Economic, Trade Worries - Stocks were suffering a Halloween slump as trade and economic worries took over markets.

The Dow Jones industrials were off 0.91% at 3 PM ET (19:00 GMT). The blue chips had fallen as many as 266 points. The S&P 500 was down 0.66%, and the Nasdaq Composite dropped 0.47%.

The Dow was pulled down by weakness in Walgreens Boots Alliance (NASDAQ:WBA), Caterpillar (NYSE:CAT) and 3M (NYSE:MMM). Boeing (NYSE:BA) was off 1.7% and subtracted 35 points from the Dow by itself.

Apple (NASDAQ:AAPL), up 1.8% after reporting better-than-expected fourth-quarter results was the Dow leader, adding 28 points to the index. It contributed 13.4 points to the Nasdaq 100 Index. The index, however, was down 0.24%.

The slump was set off by a Bloomberg News report suggesting China may well resist signing a comprehensive trade deal. The Chicago Purchasing Managers Index fell 43.2 for October, its lowest level since Dec. 2015. Oil prices also fell, and gold jumped as many investors sought safety.

Related Articles

Exclusive: Sachem Head bets on Instructure, plans to call for review

Google sues Texas to protect confidential information in antitrust probe

Wall Street retreats from record on trade cloudiness