U.S. stocks ended with modest losses on Wednesday, after President Donald Trump threatened to shut down the U.S. government if Congress doesn’t fund his campaign pledge to build a wall on the Mexican border, a policy with low approval ratings in Congress. The Dow Jones Industrial Average
fell 0.4% to 21,813. The S&P 500
lost 0.4% to 2,444. The Nasdaq Composite Index
ended down by 0.3% to 6,278. Traders were also cautious ahead of the Jackson Hole, Wyo., meeting of global central bankers, which could provide new insights into what global monetary policy will look like going forward. The day’s losses were broad-based, with eight of the 11 primary S&P 500 sectors lower on the day. Material stocks
were among the hardest hit, off 0.9%. Among specific stocks, Johnson & Johnson
was one of the biggest drags on the day, falling 1.4%.