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Tuesday, 4 December 2018

Stocks plummet as unraveling US-China trade truce rattles investors

On Tuesday Trump, who has taken a combative stance on China, was once again threatening sanctions

US stock markets fell sharply on Tuesday as investors lost faith in a trade truce between the US and China that had been negotiated by Donald Trump at last week’s G20 summit of world leaders.

The Dow Jones industrial average plummeted 786 points in early afternoon trading, a drop of 2.9%. Other market indexes also fell sharply with the S&P 500 losing 2.5% and the Nasdaq dropping 3%.

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from The Guardian https://ift.tt/2Pkkh0M

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