Nucor earnings beat by $0.08, revenue fell short of estimates
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* Chipmakers fall on report of unlikely Huawei waiver
extension
* Trump sought foreign meddling in 2020 election - Report
* Facebook dips on report of antitrust investigation
* Indexes: Dow and S&P flat, Nasdaq down 0.4%
(Updates to late afternoon)
By Caroline Valetkevitch
NEW YORK, Sept 26 (Reuters) - The S&P 500 reversed losses to
trade flat on Thursday after the Chinese foreign minister said
the United States has shown good will by waiving tariffs on
Chinese products.
Stocks had been lower earlier as the release of a
whistleblower report tied to the Democrats' impeachment move
against President Donald Trump kept investors cautious along
with a drop in Facebook shares following an antitrust
investigation report.
Facebook Inc FB.O slipped 1.8%. A person familiar with the
matter told Reuters that the U.S. Justice Department will open
an antitrust investigation of the social media company. The
stock was among the largest drags on the Nasdaq. A whistleblower report released earlier in the day alleged
that Trump not only abused his office in attempting to solicit
foreign interference in the 2020 U.S. election, but that the
White House also tried to "lock down" evidence about that
conduct. The report is seen as central to the Democrats'
impeachment inquiry of Trump. At 3:32 p.m. ET, the Dow Jones Industrial Average .DJI
fell 2.21 points, or 0.01%, to 26,968.5, the S&P 500 .SPX
gained 0.07 points, or 0.00%, to 2,984.94 and the Nasdaq
Composite .IXIC dropped 29.16 points, or 0.36%, to 8,048.23.