Dow Stuck in No Man’s Land as Trump Scrambles to Strike China Trade Deal

2019-3-6 19:47

The Dow and broader U. S. stock market trended lower on Wednesday, as President Donald Trump set his sights on a comprehensive trade agreement with China. At this stage, a China trade deal is the only thing that can help save the current two-month rally for stocks Dow Trades Lower; S&P 500 and Nasdaq Follow Wall Street’s major indexes opened slightly higher on Wednesday but quickly reversed course, mirroring a choppy trading session for Dow futures.

The Dow Jones Industrial Average was down by as much as 100 points before paring losses – only to slip once more. As of 11:41

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dow china trade trump deal wednesday lower

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Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade

The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March.

2019-2-7 20:56