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Trump's tweets swing stock market amid trade deal uncertainty

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Stock futures spike and drop after President Donald Trump tweets there's 'absolutely no need to rush' to reach a trade deal with China.

Stock futures tumbled early on Friday after President Donald Trump unleashed a string of tweets suggesting the U.S.-China trade war will not be resolved soon. The early morning gyrations illustrate the market-moving power of the president's Twitter feed.

In the tweet storm, Trump argued that tariffs on $200 billion in Chinese goods are bolstering the U.S. fortunes and laid out a scheme to purchase goods from American farmers and distribute them to poor nations. But one line seemed to catch the market's attention.

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Ummm, sir...realDonaldTrump My 401k is becoming a 301k. Little help, here. Thank you.

MAGA

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Fact check: Trump correct in touting historic job market performance'JOBS, JOBS, JOBS! 'Jobs surge in April, unemployment rate falls to the lowest since 1969.'' Trump tweeted. Facts first: The jobs report for April shows a very strong economy, with the unemployment rate at a 50-year low. The guy has done an amazing job. Great time to be an American🇺🇸🇺🇸🇺🇸 Wow...someone at CNN just had a stroke.
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