Wall St. dips as year-end record rally cools off
(Reuters) - Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and a brightening global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013. FILE PHOTO: Traders work on the floor at the opening bell of the New York Stock Exchange (NYSE) in New York, U.S., December 27, 2019. REUTERS/Bryan R SmithThe Dow Jones was on track for its second straight day of declines, shrugging off President Donald Trump’s tweet that a Phase 1 U.S-China trade deal would be signed on Jan. 15 at the White House, and that he would later travel to Beijing to begin negotiations on the next phase. “We had this huge rally since the time we heard that they were going to sign a deal, the question was just when ...