US STOCKS-Wall Street slips as Trump, Hong Kong dampen mood

Wall Street's main indexes fell on Monday, as prospects of a quick resolution to the U.S.-China trade war dimmed following comments from President Donald Trump, while escalating violence in Hong Kong added to the downbeat sentiment. Hopes of a "phase one" trade deal and largely upbeat corporate earnings sparked a rally that helped the three major stock indexes close at record highs on Friday. Trump said on Saturday that the United States would only make a deal if it was the "right deal" for America, adding that the talks had moved more slowly than he would have liked.

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