Trump says deal 'possible this week' as markets slide
Wall Street closes lower
After another testing day, the New York stock market has closed lower tonight - but it’s not a rout.
The S&P 500 fell 0.3% to close at 2,871, it’s fourth fall in as many days, to a one-month low. The Nasdaq lost 0.4%.
The Dow didn’t managed to erase its earlier losses either, despite president Trump’s optimistic talk. It lost 138 points, or 0.5%, to 25,828. 6park.com 6park.com1h ago 20:29 6park.com China isn’t remotely confident of getting a trade deal this week, reports Hu Xijin of the Global Times. Hu Xijin 胡锡进(@HuXijin_GT) Today, I asked one from Chinese side who knows the trade talks well, how many possibilities there still are to reach a deal before Friday. His answer is: 0. If it is that bad, the real suspense is whether the two sides will continue negotiations after Friday. May 9, 2019 He adds that the Chinese people are growing more concerned about the Trump White House’s strategy: Hu Xijin 胡锡进(@HuXijin_GT) More and more Chinese now tend to believe the current US government is obsessed with comprehensively containing China. A trade deal, even if reached, will be limited in actual meaning and could be broken constantly. So they support being tough on the US, giving up any illusion. May 9, 2019 6park.com 1h ago 20:29 6park.com We’re doing something different … and we’d like to explain why. Our journalism now reaches record numbers around the world and more than a million people have supported our reporting. Unlike many news organisations, we haven’t put up a paywall – our journalism remains accessible to all, so more people have access to accurate information with integrity at its heart. This is The Guardian’s model for open, independent journalism.
Our model enables people to support us in a way that works for them. Readers’ support safeguards our essential editorial independence.
|