The stock exchanges in New York were in minus Wednesday. Investors kept their powder dry while awaiting new developments in the trade talks between China and the United States. Lower OECD global outlooks further pushed the sentiment, as did a disappointing job report from payslip processor ADP.

The leading Dow-Jones index stood at 19.6 hours (Dutch time), 0.6 percent lower at 25.648 points. The broad S & P 500 went down 0.7 percent to 2770 points and the Nasdaq tech fair delivered 0.9 percent to 7506 points.

The Organization for Economic Co-operation and Development (OECD) lowered the prognosis for global growth to 3.3 percent, which previously assumed 3.5 percent. The adjustment is partly due to the slowdown in China, political uncertainty such as the Brexit and weaker growth in Europe.

At the companies ExxonMobil gave a strategy update. The oil and gas giant will invest this and next year to 65 billion dollars in exploration, production and the expansion of pipelines and refineries. The share fell 1.8 percent.

Insurance broker and consultancy Aon went up 4.1 percent. The company is abandoning a multi-billion dollar merger with industry partner Willis Towers Watson (minus 6.7 percent). Tuesday Aon still indicated to be open to a merger.

Industrial group General Electric (GE) lost 7.7 percent, which continued the line from a day earlier. GE warned against a negative net cash flow this year.

Fashion company Abercrombie & Fitch (plus 22.4 percent) and budget shopping chain Dollar Tree (plus 4.3 percent) opened the books. Abercrombie & Fitch sold more clothing during the holiday quarter, especially at its slightly cheaper Hollister chain. Dollar Tree also posted better than expected results.

The euro was worth $ 1,1309, against $ 1.1316 at the end of the European stock markets. A barrel of American oil became 0.9 percent cheaper at 56.03 dollars. Brent fell 0.3 percent in price to $ 65.66 per barrel.

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