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safeinOhio

(32,683 posts)
Tue Oct 8, 2019, 11:57 AM Oct 2019

U.S. stocks fall sharply ahead of China-U.S. trade talks

What’s driving the stock market?
Wall Street’s focus on trade relationships between the U.S. and China have been heightened this week with talks due to resume Oct. 10-11. U.S. import tariffs are set to be implemented on $250 billion worth of Chinese goods at a rate of 30% from Oct. 15.

Late Monday, the U.S. blacklisted 28 Chinese companies because of their alleged role in human-rights violations against the Uighur Muslim minority ahead of the high-level discussions to be led by China Vice Premier Liu He on Thursday.
X
https://www.marketwatch.com/story/dow-futures-drift-lower-as-lower-level-china-us-trade-negotiations-get-under-way-2019-10-08?mod=mw_theo_homepage

DOW down 300.

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