Stock Market Today – 8/2: Stocks Fall as Pelosi Visit to Taiwan Spurs Risk-Off Bets

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The Street

By M. Corey Goldman Stocks are lower as House Speaker Nancy Pelosi’s planned Taiwan visit stokes geopolitical concern. U.S. stocks were lower on Tuesday as investors moved to reduce risk ahead of House Speaker Nancy Pelosi’s pending visit to Taiwan, the first visit by a high-ranking U.S. government official in more than 25 years. The move has stoked concern about increased tensions between the U.S. and China. At last check the Dow Jones Industrial Average was off 0.68%, the S&P 500 was down 0.34% and the Nasdaq Composite gave up 0.39%. The stock declines followed gentle losses in the first reg…

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