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Asia Stocks Face Losses as Tariff Worries Linger: Markets Wrap
The S&P 500 Index ended weaker despite closing off the session lows, posting its broadest day of declines since the Christmas Eve sell-off. China’s top trade negotiator still intends to visit Washington later this week as President Donald Trump ratchets up pressure to clinch a deal that many market participants had expected was all but done. “The two largest economic powerhouses, the U.S. and China, either will be at a trade war or a trade peace and in reality there’s only a couple of people who know the answer to that and it isn’t those of us on Wall Street,” Larry Robbins, Glenview Capital Management’s CEO, told Bloomberg TV in New York.
https://finance.yahoo.com/news/asia-stocks-face-losses-tariff-214747342.html?.tsrc=rss
The S&P 500 Index ended weaker despite closing off the session lows, posting its broadest day of declines since the Christmas Eve sell-off. China’s top trade negotiator still intends to visit Washington later this week as President Donald Trump ratchets up pressure to clinch a deal that many market participants had expected was all but done. “The two largest economic powerhouses, the U.S. and China, either will be at a trade war or a trade peace and in reality there’s only a couple of people who know the answer to that and it isn’t those of us on Wall Street,” Larry Robbins, Glenview Capital Management’s CEO, told Bloomberg TV in New York.
https://finance.yahoo.com/news/asia-stocks-face-losses-tariff-214747342.html?.tsrc=rss
