United States stocks were set to open slightly higher on Thursday, with the S&P 500 aiming at a fresh record as strong earnings helped weather the impact of trade tensions.
Shares of trade-sensitive companies also declined, including Boeing, 3M and Caterpillar, which were all down at least 1 per cent. The stock ended down 4.8 per cent.
Meanwhile, concerns over escalating trade conflict between the USA and China weighed on the trade-sensitive S&P 500 Industrials Index, which ended up losing 0.57% on the day.
The S&P technology index fell 1 percent, with Intel down 2.8 percent after Goldman Sachs downgraded the stock to "sell".
Huddersfield Town 0 Chelsea 3: Jorginho helps get Sarri off the mark
The ref needs to explain that to us because I don't understand why (it was not retaken)". We all know Thibault's quality, but Thibault's not a Chelsea player anymore.
Rite Aid fell 10.9 percent and was the most heavily traded stock after the drug store chain and USA grocer Albertsons Cos agreed to terminate their merger agreement.
The Dow slid 149.44 points, or 0.6 percent. The S&P financial index was down 0.6 per cent. Rite Aid fell 11.5 per cent after the drug store chain and USA grocer Albertsons Cos agreed to terminate their merger agreement.
The tech-heavy index .IXIC was up 0.31 percent at 7,913.03, barely 0.25 percent away from hitting an all-time high.
Djokovic beats Polansky, Del Potro withdraws from Rogers Cup
With AP Photos.Greek teen Stefanos Tsitsipas upset Wimbledon champion Novak Djokovic 6-3, 6-7 (5), 6-3 in the Rogers Cup . Milos Raonic of Thornhill, Ont., was scheduled to follow Djokovic's win on centre court but that match was also delayed.
The number of Americans filing for unemployment benefits unexpectedly fell last week, a Labor Department report showed.
Chip stocks fell after Morgan Stanley downgraded the USA semiconductor industry.
Declining issues outnumbered advancers for a 1.63-to-1 ratio on the NYSE and for a 1.06-to-1 ratio on the Nasdaq.
Tesla shares fall 5 percent amid news of expansive SEC probe
Tesla shares fell 1.5% to U.S. $ 374 in Wednesday's trading after closing 11% higher on Tuesday. The agency declined to comment and Tesla did not immediately respond to requests for comment.
Oil prices were down slightly as the escalating China-U.S. trade dispute cast doubt on the outlook for crude demand. That compares with the 6.3 billion daily average for the past 20 trading days, according to Thomson Reuters data.