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Breaking: Dow Sinks As Trade And Economy Worries Investors.


The Dow and US stocks traded lower on Thursday, knocked down by worries about the US economy and the potential for a US – China trade deal.

On top of that, the federal reserve’s market stimulating interest rate, cuts appear to have come to an end, all that puts stocks in the red economy.

The S&P 500, which hit a new record high on Wednesday, traded down 0.5%, while the Dow slipped 0.6%, or 175 points, and the NASDAQ composite fell 0.2%.

Chinese officials have expressed doubt’s, about whether the worlds two largest economics can reach a fall trade deal, Bloomberg Reported.

That it’s casting a long shadow over the “phase one” agreement that the countries reached earlier in October.

The preliminary deals was meant to be signed at the APEC meeting in Chile, but the South American countries, Announce this week that it will no longer be hosting.

President Donald Trump tweeted ” China and the USA are working on selecting a new site signing of phase one of the trade argument, about 60% of total deal”.

Financial market have been rising and falling with trades headlines all the year.

Since the Summer, the federal reserves decision to stimulate the slowing US economy with interest rate.

Cuts has also been a positive back drops go stock.

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