Stock Market News

Tech pulls Wall Street lower on Trump trade warning.

WallStreet lost ground on Tuesday after a warning from #President Donald Trump to China amid ongoing trade negotiations pressured technology shares, while investors looked to an expected FederalReserve interest rate cut at the conclusion of its monetary policy meeting.

The three major U.S. stock indexes concluded the session in the red, pressured by technology and consumer discretionary stocks.

As trade talks between the world’s two biggest economies continued in Shanghai on Tuesday, Trump warned China against trying to wait out his first term in office to finalise a deal.

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