US equity markets lower, with the sell off on technology stocks deepening - Dow added +21-points or +0.08%, erasing an earlier decline. The broader S&P500 eased -0.37%, with Energy (down -1.9%) and Technology (-0.80%) the weakest of the primary sectors. The technology-centric NASDAQ fell for a third consecutive session, down -0.91%. Notable decliners included Apple Inc down -1.7%, Google-parent Alphabet Inc -1.3% and Facebook Inc -2.80%. Snap Inc (down -%) traded in single-digit territory for the first time since the company listed On the trade front, officials from the US and Canada worked late into the night on Wednesday as both sides sought to secure a new trade agreement to replace the current North American Free Trade Agreement (NAFTA) pact, a deal they failed to secure by last Friday’s initial deadline. These extended talks are likely to continue in the coming days, and could potentially last weeks. Separately, Washington could impose yet another round of tariffs on Beijing, targeting an additional US$200B worth of Chinese goods, as a public comment period on the matter comes to an end Thursday (6 September). Emerging markets also remained in focus, with the MSCI emerging markets index - which tracks the markets of 24 countries - falling -1.77%.
