Indices closed in the red zone on Monday, May 20, 2019. Technology brands including Apple, Amazon, Netflix and Facebook traded lower on trade tensions. Meanwhile, shares of other tech companies including Alphabet, Broadcom, Qualcomm, Intel and Xilinx sold off after suspending business with China’s Huawei Technologies. On another note, crude oil ticked up to a three-week high. West Texas Intermediate crude tacked on 0.6% today to settle at $63.14 a barrel. Looking ahead, minutes from the FOMC April 30-May 1 policy meeting will be released on Wednesday.