US equity markets struggled for direction and handed back earlier session gains as the glow from an apparent improvement in US-China trade negotiations faded - Dow settled +70-points or +0.29% higher, paring an earlier rise of over >200-points. General Electric Company rallied +7.3% after the firm announced it would launch a US$1.2B industrial “internet-of-things” company, and after JPMorgan separately upgraded the stock from underweight to neutral. The Dow has posted intra-day swings of at least 570 points in five of the past eight sessions. The broader S&P500 dipped -0.02%, while the technology-centric NASDAQ shed -0.42%.
