Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War

By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but also mire the two nations in an economic cold war. Dow Stumbles Toward Another Setback All three of Wall Street’s major indices braced themselves for significant pullbacks at the opening bell. As of 9:27 am ET, Dow Jones Industrial Average futures had lost 90 points or 0.35%, implying an 86.33 point decline. S&P 500 futures slid 0.44%, and Nasdaq futures

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source https://www.ccn.com/dow-cringes-xi-jinping-economic-cold-war

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