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U.S. markets showed opening strength on Tuesday before closing slightly lower following renewed tariff threats with China. President Trump continued his stance that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President Xi does not attend this month’s G-20 meeting.The Nasdaq was lower by a half-point, or 0.01%, following the fist half push to of 7,910. Lower...
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Stocks closed marginally lower on Tuesday, taking a breather after posting strong gains to start off June.The Dow Jones Industrial Average ended the day down 14.17 points at 26,048.51, erasing a gain of 185.99 points. The S&P 500 slipped less than 0.1% to 2,885.72 while the Nasdaq Composite finished just below breakeven at 7,822.57. The industrials sector was the biggest laggard in the...
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President Donald Trump said Tuesday that he won’t proceed with new trade talks with China unless Beijing agrees to terms previously agreed upon.Speaking to reporters outside the White House before leaving for a trip to Iowa, Trump made it clear that he won’t budge without “a great deal,” and accused Chinese officials of reneging on promises made at earlier negotiations.“China wants to...
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U.S. markets showed opening strength on Tuesday before closing slightly lower following renewed tariff threats with China. President Trump continued his stance that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President Xi does not attend this month’s G-20 meeting.The Nasdaq was lower by a half-point, or 0.01%, following the fist half push to of 7,910. Lower...
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