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US stocks fall as trade deal doubts increase

Economies.com
2019-11-11 15:16PM UTC

US stocks opened lower today, as the market's hopes about the signing of the final US-China trade deal were ebbed.

 

The market's doubts about the first phase of the US-China trade deal increased, especially after Trump denied the reports about a rollback of the Chinese tariffs.

 

President Trump stated that China is one seeking that, in a hint that his administration is not interested in eliminating that tariffs that hinders the way for ending the trade dispute.

 

Trump also stressed that the first phase with China will probably be signed in the US in the coming period.

 

Back to stocks, Dow Jones fell by 0.4% or 100 points to 27,58, Nasdaq fell by 0.3% or 28 points to 8,446, and S&P 500 fell by 0.3% or 10 points to 3,082.

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