US stocks retreated from record highs, with investors still racked by uncertainty over trade talks and as political tensions in Hong Kong flared up.
Activity on Wall Street was subdued owing to the Veterans Day holiday, with equities trading but the Treasury market closed.
Read also: As Consumer goods stocks fall they become more expensive
The S&P 500 and Nasdaq Composite were each down 0.6 per cent from their closing highs on Friday, while the Dow Jones Industrial Average retreated 0.4 per cent.
Donald Trump said on Friday he had not agreed to roll back tariffs on Chinese imports, pouring cold water on media reports earlier in the week that suggested a thaw in the US-China trade war was at hand.
Hong Kong’s Hang Seng tumbled 2.6 per cent, its largest one-day drop in more than three months, as a new wave of protests washed over the territory following the shooting of a demonstrator by police.
European stocks were weaker, with the broad Stoxx 600 down 0.1 per cent. London’s FTSE 100 was off 0.9 per cent.
