U.S. equities finished mixed amid the omnipresent China trade uneasiness, mixed guidance from PepsiCo, and disappointing monthly auto sales. However, industrials saw some strength on yesterday’s new North American trade agreement and despite a rise in the U.S. dollar, while a dip in Treasury yields pressured financials. Meanwhile, crude oil prices were little changed, pausing from a recent rally and gold jumped. In equity news, Amazon.com upped its minimum wage to $15/hour and Tesla’s Q3 deliveries beat expectations, while shares of Stitch Fix tumbled following its quarterly results.

The Dow Jones Industrial Average (DJIA) increased 123 points (0.5%) to 26,774, the S&P 500 Index inched 1 point lower to 2,923, and the NASDAQ Composite fell 38 points (0.5%) lower at 7,999. In moderate volume, 807 million shares were traded on the NYSE and 2.3 billion shares changed hands on the NASDAQ. WTI crude oil ticked $0.07 lower to $75.23 per barrel and wholesale gasoline was unchanged at $2.13 per gallon. Elsewhere, the Bloomberg gold spot price jumped $14.43 to $1,203.42 per ounce, and the Dollar Index—a comparison of the U.S. dollar to six major world currencies—was 0.2% higher at 95.50.

Treasuries rose amid an economic calendar that was void of any major releases today, as the yield on the 2-year note lost 2 basis points (bps) to 2.79%, while the yields on the 10-year note and the 30-year bond declined 3 bps to 3.05% and 3.20%, respectively.

The U.S. dollar was higher following yesterday’s agreement between the U.S. and Canada, which joined Mexico’s agreement in August, paving the way to an overhaul of NAFTA, known as the United States-Mexico-Canada Agreement. However, the U.S and China trade front remains contentious, Italian fiscal and U.K. BREXIT uncertainties remain, and yesterday’s softer-than-expected manufacturing reports from China, Japan, the Eurozone and the U.S. appeared to hamper global market conviction.

Tomorrow, the economic docket will heat back up with a read on September activity for the all-important U.S. services sector in the form of the ISM non-Manufacturing Index, projected to dip to 58.0 from August’s 58.5, with a reading above 50 denoting expansion.

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