Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Stocks close lower on news China trade talks have stalled
Stocks closed lower Friday after CNBC reported that trade talks between China and the U.S. have stalled.
The Dow ended the day down 98 points, while the S&P 500 fell nearly 0.6%. The Nasdaq lost about 1%.
Sources told CNBC’s Kayla Tausche that scheduling discussions for further trade talks have been put on hold since the Trump administration has increased scrutiny of Chinese telecom companies. A U.S. delegation had been invited to Beijing earlier this week.
The report sent the Dow back into negative territory in the final hour of trading, erasing a gain of about 30 points. The S&P 500 and Nasdaq were further knocked down.
https://www.msn.com/en-us/money/markets/stocks-close-lower-on-news-china-trade-talks-have-stalled/ar-AABro2Z
