REUTERS: Wall Street's main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown roiled the market for the second straight session.
"The concerns of global growth, without a China-U.S. trade deal, will linger in the background and continue to weigh on markets."Top U.S. officials travel to Beijing for the latest round of high-level talks, which are scheduled to start on March 28.Apple Inc's shares fell 1.6 percent ahead of an event where the company is widely expected to launch its video streaming service. The event is scheduled to start at 1 p.m. ET.
At 10:11 a.m. ET, the Dow Jones Industrial Average was down 103.92 points, or 0.41 percent, at 25,398.40, the S&P 500 was down 11.84 points, or 0.42 percent, at 2,788.87 and the Nasdaq Composite was down 48.60 points, or 0.64 percent, at 7,594.07.The planemaker said it will brief pilots and regulators this week on software and training updates for its 737 MAX aircraft, with Ethiopian Airlines and Qatar Airways expressing confidence in the company despite a recent crash.
Viacom Inc's shares rose 5.2 percent, the most on the S&P, after the company renewed a contract with AT&T Inc to continue carrying its services.
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