THE stock market fell back to the 7,900 level on Friday, tracking a regional retreat attributed to reports that little progress had been made following high-level trade talks between the United States and China.

The benchmark Philippine Stock Exchange index (PSEi) dropped by 1.03 percent or 82.36 points to close at 7,909.89 while the broader All Shares declined by 0.58 percent or 28.32 points to finish at 4,823.32.