Producers of metals and other raw materials fell amid fears about progress in trade negotiations. Soybean futures and hog futures fell after Chinese officials cancelled a trip to U.S. farmland, which was touted as a way to build goodwill ahead of another round of trade talks in October. "Things shifted as the agriculture delegation cancelled the trips," said Quincy Krosby, chief market strategist at Prudential Financial. "It leads to market questions as to where these talks are headed. Still, if these higher level meetings can stay on the calendar, that's going to help the market." For his part, President Donald Trump said he wouldn't settle for a partial deal with China, and that resumed agricultural purchases from Beijing wouldn't be enough for his administration to sign an agreement. Gold futures finished higher for their first weekly gain in four weeks.
-Rob Curran, firstname.lastname@example.org