Stocks little changed despite stronger-than-expected GDP

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Stocks were little changed at the open as stronger-than-expected economic data were offset by talks between President Trump and North Korean leader Kim Jong Un falling through.

div > div.group > p:first-child"> The Dow Jones Industrial Average fell just 11 points while the S&P 500 dipped around 0.1 percent. The Nasdaq Composite fell 0.2 percent.

Thomas Lee, founder and head of research at Fundstrat Global Advisors, said stocks could have some more room to run as the economy remains strong. The BEA's release comes after a summit between Trump and Kim ended abruptly after both sides failed to agree on steps toward North Korea taking down its nuclear armament. Earlier, Trump and Kim — seated together at a conference table — appeared confident about the prospect of improving diplomatic relations.

Investors were closely watching the summit as it could potentially impact trade negotiations between China and the U.S.

 

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thats was a pathetic and non productive summit.

Stocks slipped on the last trading day of the month as stronger-than-expected economic data were offset by fruitless talks between President Donald Trump and North Korean leader Kim Jong Un.

Un is in Xi’s back pocket. DJT is attempting to negotiate a trade deal with Xi. Duh!!!! Stop laughing Putin!😐

MAGA realDonaldTrump

“Trump defends Kim Jong-un over US student Otto Warmbier death”. The orange guy layers stupidity atop failure but trumpanzees find ways to spin it differently. Scroll through the comments in this thread for proof. At some time we have to say his followers are the true morons.

Stocks were little changed at the open as stronger-than-expected economic data were offset by talks between President orange man and North Korean leader little man falling through.

Our economy is great and has been on the rise since 2010. Even the bumbling fool in the White House can’t derail it.

Winning

Global war will definitely trigger a market shock. Summit won’t.

Prior to the summit, the left was predicting (hoping for) failure. The President walked away from a bad deal, so I guess they’re now saying that their prediction was correct.

All of the Mainstream media was hoping Trump would cave. Today they make the best of their sincere disappointment.

It’s amazing how you’re still trying to connect real world events with financial markets performance. Global depression in December and best time ever since then?

No deal is better than a bad deal..... too bad feckless Obama did not think the same way

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