Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Stocks Dip As Mnuchin Admits Trade Talks With China Have Broken Down

Thursday, July 12, 2018 10:50
% of readers think this story is Fact. Add your two cents.

Confirming the same headline from yesterday, Treasury Secretary Stephen Mnuchin warned today that “many of our trade talks with China have broken down.”

Mnuchin added that “China remains very important in cooperation over North Korea.”

Dow futures dropped – though remain up around 200 points on the day – on heavy volume…

As Nanex’s Eric Scott Hunsader notes, 1500 S&P500 futures contracts sold at once through 3 ticks is what caused that little tsunami of quotes at 12:41:21 ET

Mnuchin’s comment came right as the S&P erased the post-tariffs plunge…

Of course, we doubt this dip will last as it appears once again that buying US stocks during a trade war is the path of least resistance.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories


Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.