Stocks were little changed at the open as stronger-than-expected economic data were offset by talks between President Trump and North Korean leader Kim Jong Un falling through.
div > div.group > p:first-child"> The Dow Jones Industrial Average fell just 11 points while the S&P 500 dipped around 0.1 percent. The Nasdaq Composite fell 0.2 percent.
Thomas Lee, founder and head of research at Fundstrat Global Advisors, said stocks could have some more room to run as the economy remains strong. The BEA's release comes after a summit between Trump and Kim ended abruptly after both sides failed to agree on steps toward North Korea taking down its nuclear armament. Earlier, Trump and Kim — seated together at a conference table — appeared confident about the prospect of improving diplomatic relations.
Investors were closely watching the summit as it could potentially impact trade negotiations between China and the U.S.
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