Trump's assertions that he could wait on a trade deal with China dragged stocks lower today
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| | 12/03/2019 | |
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Dow Sheds 280 Points on Trump Trade Comments | By Lillian Currens | | Concerning comments from U.S. President Donald Trump that he may not be ready to make a trade deal with China until next year's election had the Dow continuing its slide today -- down 280 points for its biggest one-day dip since early October. A report also said the president is still planning on placing new tariffs on Chinese goods on Dec.15, despite recent signs of progress on a "phase one" agreement between the two countries. The Nasdaq and S&P also took a hit, with the latter clocking its lowest close in three weeks. Continue reading for more on today's market, including:. - Uber stock could keep sliding, if history is any indicator.
- The buyout news that had this pharma stock doubling today.
- Plus, LYFT gets a bear note; LULU call options pop; and PLUG stock's wild trading day.
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