NewsFeeder
Headline News
US STOCKS-Wall St drops on Trump's trade comments, weak consumer data
U.S. stocks fell on Tuesday, after President Donald Trump delivered a stinging rebuke to China's trade practices, while disappointing consumer confidence data raised concerns over the impact of a prolonged trade war between the two nations. Trump said he would not accept a "bad deal" in the trade negotiations and that Beijing had failed to keep promises that it made when China joined the World Trade Organization. "The economic data cut the rally in half at 10 and the tone towards China (at) President Trump's speech at the U.N. General assembly certainly took some of the optimism out of the air," said Art Hogan, chief market strategist at National Securities in New York.
https://finance.yahoo.com/news/us-stocks-wall-st-drops-163436205.html?.tsrc=rss
U.S. stocks fell on Tuesday, after President Donald Trump delivered a stinging rebuke to China's trade practices, while disappointing consumer confidence data raised concerns over the impact of a prolonged trade war between the two nations. Trump said he would not accept a "bad deal" in the trade negotiations and that Beijing had failed to keep promises that it made when China joined the World Trade Organization. "The economic data cut the rally in half at 10 and the tone towards China (at) President Trump's speech at the U.N. General assembly certainly took some of the optimism out of the air," said Art Hogan, chief market strategist at National Securities in New York.
https://finance.yahoo.com/news/us-stocks-wall-st-drops-163436205.html?.tsrc=rss
