Wall Street's tepid reaction to Trump's "massive" China trade deal
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Wall Street's tepid reaction to Trump's "massive" China trade deal |
U.S. stocks slipped in twelve noon mercantilism Friday when closing at incomparable highs on Thursday after President Donald Trump tweeted that the U.S. and China have reached a deal in their expensive trade war.
"We have united to a awfully giant part One alter China," Mr. Trump wrote on Twitter. "They have united to several structural changes and big purchases of Agricultural Product, Energy, and made product, and far more. The 25% Tariffs can stay as is, with seven 1/2% placed on abundant of the rest...."
After rising in early mercantilism, the Dow softened sixty three points, or about 0.2%, to 28,069. The S&P 500-stock index conjointly lost ground, slippy but zero.01% to around three,160, whereas the tech-heavy National Association of Securities Dealers Automated Quotations composite rose slightly to concerning eight,730.
"We have united to a awfully giant part One alter China," Mr. Trump wrote on Twitter. "They have united to several structural changes and big purchases of Agricultural Product, Energy, and made product, and far more. The 25% Tariffs can stay as is, with seven 1/2% placed on abundant of the rest...."
After rising in early mercantilism, the Dow softened sixty three points, or about 0.2%, to 28,069. The S&P 500-stock index conjointly lost ground, slippy but zero.01% to around three,160, whereas the tech-heavy National Association of Securities Dealers Automated Quotations composite rose slightly to concerning eight,730.