Wall Street Stocks Fall As Trump Ends Stimulus Talks

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Wall Street Stocks Fall As Trump Ends Stimulus Talks

U.S. President Donald Trump removes his mask upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Trump spent three days hospitalized for coronavirus. Win McNamee/Getty Images/AFPWall Street stocks dropped Tuesday, falling abruptly after President Donald Trump ended talks on another round of stimulus spending to support the coronavirus-ravaged US economy.The broad-based S&P 500 fell 1.4 percent to finish the session at 3,360.

But Trump called off talks until after the election, accusing Democrats of not negotiating in good faith. Art Hogan, chief market strategist at National Securities, said investors had become more optimistic in recent days about the odds of a bill given the latest talks between Mnuchin and Pelosi. Highflying tech shares were under pressure, with Apple, Amazon and Facebook all down more than two percent.

 

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He can't Negotiate.

Trumpppp

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