The South China Morning Post first reported that a deal between China and the U.S. by Sunday was unlikely. That report sent stock futures lower before the open. Sentiment later picked up after The Wall Street Journal said the U.S. planned to delay the implementation of additional tariffs on Chinese goods.
However, National Economic Council Director Larry Kudlow said Sunday's tariffs are still on the table. Bottom line, the mixed news around trade prevented investors from taking the market in one definitive direction on Tuesday. Investors will need more clarity on the trade situation before the market can resume its record-setting rally.
AmericaFirst
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks close broadly lower on Wall Street; trade in focusMARKETS: U.S. stock indexes edged lower in afternoon trading Monday, placing the market on track to give back some of its gains from last week. Envy. Of. The. World. Cheers to the market crashing so we can say i told you so to Trump. Here here !!!!
Read more »