US-China trade truce rethink sends stocks plunging on Wall Street
Bank shares hit hardest as US bond yields drop below 3% on reduced economic growth fears.
Nevil Gibson Wed, 05 Dec 2018
The trade relief rally on Wall Street proved short-lived as stocks plunged and bond yields fell only days after the Trump-Xi deal at the G20 summit at Buenos Aires
Investors initially cheered the 90-day tariff ceasefire between the US and China, sparking a rally that sent the Dow industrials up
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