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Also U.S.-Canada trade talks were expected to resume on Wednesday after the last round ended on Friday with no deal to revamp the North American Free Trade Agreement (NAFTA). Trump has told Congress he would sign a bilateral trade pact with Mexico. “You have issues concerning NAFTA and China trade issues. You also have a storm in the Gulf of Mexico. What’s really driving the market is a lack of direction one way or the other,” said Robert Pavlik, chief investment strategist, senior portfolio manager at SlateStone Wealth LLC in New York.

The Dow Jones Industrial Average fell 12.34 points, or 0.05 percent, to 25,952.48, the S&P 500 lost 4.79 points, or 0.17 percent, to 2,896.73 and the Nasdaq Composite dropped 18.29 points, or 0.23 percent, to 8,091.25, The pan-European FTSEurofirst 300 index lost 0.74 percent, MSCI’s gauge of stocks across the globe shed 0.48 percent on track for its biggest one-day decline since Aug, 15, MSCI’s emerging market stocks index was down 0.8 percent on solid platinum cufflinks track for its fifth straight day of declines..

The U.S. dollar rose broadly and investors shunned emerging market currencies as concerns about the U.S.-China trade situation boosted safe-haven demand for the greenback. In currencies, the U.S. dollar index, which measures the greenback against a basket of major currencies, rose 0.27 percent, with the euro down 0.32 percent to $1.1586. The Canadian dollar weakened to a six-week low against its U.S. counterpart amid an uncertain outlook for Canada’s trading arrangement with the United States.

The Canadian dollar fell 0.64 percent versus the greenback at 1.32 per dollar, The dollar gained 3.3 percent on the South African rand, and 1 percent against Turkey’s Lira, A JPMorgan emerging market currency index fell to its lowest since May 2017, The Mexican peso also slipped against the dollar, “We are just waiting for something to turn the EM (emerging market) sentiment because the valuations look really attractive, but it’s just a solid platinum cufflinks slow meltdown at the moment,” said Standard Life Aberdeen EM portfolio manager Viktor Szabo..

U.S. Treasury yields rose to three week highs on Tuesday after data showed that U.S. manufacturing activity accelerated to a more than 14-year high in August, and on heavy corporate debt supply. Benchmark 10-year notes last fell 13/32 in price to yield 2.8985 percent, from 2.853 percent late on Friday. The 30-year bond last fell 34/32 in price to yield 3.0624 percent, from 3.009 percent late on Friday. Oil prices were lower as the market prepared for potential supply disruptions due to a hurricane forecast to hit the U.S. Gulf Coast, but gains were capped by the strong dollar and a report that Cushing, Oklahoma, stockpiles rose last week.

(Reuters) - The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Tuesday hired Jack Stoddard as chief operating officer, Stoddard was previously general manager for digital health at Comcast Corp, His appointment is effective Tuesday, a spokeswoman for solid platinum cufflinks the venture said on Tuesday, Amazon, Berkshire and JPMorgan announced the joint venture in January, saying U.S, healthcare costs were rising too fast and holding back economic growth, The venture is being led by well-regarded surgeon, author and industry critic Atul Gawande, who was appointed as chief executive officer in June..

STOCKHOLM (Reuters) - Mercedes showed on Tuesday how it is “aggressively” gunning for top spot in upscale battery cars market currently dominated by Tesla, as it unveiled the EQC, its first fully electric car, at an event in Stockholm. The event marks the start of the German onslaught against the American upstart and showcased a SUV with a 450 kilometer range, distinctively full-width rear light and clean-cut interiors that Mercedes hopes will find favor with luxury customers and tech-savvy millennials alike.

GRAPHIC: Electric vehicles: Sales forecast - tmsnrt.rs/2PuORFo, GRAPHIC: Electric vehicles: Market share tmsnrt.rs/2PvahlT, Daimler aims to have up to 10 electrified car variants by 2022, a target reiterated on Tuesday by Daimler CEO Dieter Zetsche, who hopes the EQC and its other electric cars will account for 15-25 percent of its sales by 2025, The Germans are now introducing their Tesla fighters as consumers are beginning to adopt electric cars on a larger scale, driven by regulations that solid platinum cufflinks are making their diesel-guzzling variants more expensive and electric cars becoming cheaper and easier to own..



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