Dow Rally Collapses as US-China Trade Talks Spook Wall Street

The Dow and wider U.S. stock market rallied on Tuesday but failed to sustain intraday highs, as anxious investors shifted their focus to a fresh round of China trade negotiations. The sensitivity of the upcoming negotiations didn’t prevent the United States from sailing two ships through the Taiwan Strait this weekend, in an operation that the Trump administration says will become more routine moving forward. Dow Backtracks from Session High After rallying 180 points, the Dow Jones Industrial Average pulled back sharply in the afternoon session. The blue-chip index reported gains of 70 points, or 0.3%, to 25,587.46. Walt Disney

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source https://www.ccn.com/dow-rally-collapses-as-us-china-trade-talks-spook-wall-street

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