Bloomberg said some Chinese officials are concerned about Trump's "impulsive nature"
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| | | 10/31/2019 | |
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| Dow Slips 140 Points on Worrying U.S.-China Trade Report | | By Lillian Currens | | The Dow lost 140 points today, as sentiment over trade negotiations between Washington and Beijing continued to sour, dampening positive earnings from FAANG names Apple (AAPL) and Facebook (FBB). Specifically, a report from Bloomberg said some Chinese officials are wary over a long-term trade deal amid concerns over U.S. President Donald Trump's "impulsive nature." Trump responded to these reports with a tweet assuring that a new "phase one" signing location "will be announced soon." This did little to calm investors, evidenced by the Nasdaq and S&P ending in the red, too, with the latter puling back from yesterday's record high. Continue reading for more on today's market, including: | | >> Continue reading... | |
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