Stocks on Wall Street ended Tuesday slightly lower after a choppy session.
With investor anxiety high days before a fresh round of tariffs on Chinese goods are set to kick in on December 15th.
Early in the session, investors cheered a Wall Street Journal report that U.S. and Chinese negotiators are laying the groundwork for a delay in the tariffs.
But the excitement didn't last long.
With White House economic adviser Larry Kudlow saying later that no decision has been made.
Meanwhile - Netflix fell more than 3% after a Needham analyst downgraded the stock, saying competition - from the likes of Disney+ and
Class="kln">Apple TV - could lead to the loss of 4 million premium U.S. subscribers next year.
Eric Clark of Rational Dynamic Brands Fund weighed in: (SOUNDBITE) (ENGLISH) Eric Clark of Rational Dynamic Brands Fund saying: "I think it's a difference between the actual business and the stock.
I do not buy this big churn that everyone is talking about…I'm not going to get rid of my Netflix just because of Disney - they have different content.
I just think the stock has been such a monster performer that it's probably pulled forward a lot of good news.
So from an investment perspective, there's probably much better places from the media perspective." Most S&P sectors ended the day lower, with real estate and materials falling the most.