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That report came after Chinese Vice Premier Liu He exchanged views on the next stage of trade talks with U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer. But U.S. stocks lost steam after the open and fell further after Trump openly sparred about government funding with the top two Democratic lawmakers during an Oval Office meeting, raising doubts a deal would be possible ahead of a deadline later this month tie pin and cufflink set uk online. “The key drivers of today’s volatility are the political and geopolitical headlines,” said Carol Schleif, deputy chief investment officer at Abbot Downing in Minneapolis..
“We can’t control the headlines but the thing we can lean on is that the underlying fundamentals remain solid,” Schleif said tie pin and cufflink set uk online. The S&P 500 traded in a wide range, gaining nearly 1.4 percent at the high and falling 0.62 percent at the low. The Dow Jones Industrial Average fell 53.02 points, or 0.22 percent, to 24,370.24, the S&P 500 lost 0.94 points, or 0.04 percent, to 2,636.78 and the Nasdaq Composite added 11.31 points, or 0.16 percent, to 7,031.83. Germany’s DAX, which entered bear market territory last week and is Europe’s most China-sensitive market, climbed 1.5 percent..
The pan-European STOXX 600 index rose 1.53 percent, and MSCI’s gauge of stocks across the globe gained 0.09 percent, snapping a five-session skid tie pin and cufflink set uk online. The uncertainty over Britain’s exit from the European Union, or Brexit, continued to haunt investors and held sterling near 20-month lows after British Prime Minister Theresa May postponed a vote on her deal. On Tuesday, German leader Angela Merkel ruled out further Brexit negotiations but said efforts were being made to give Britain reassurances..
Reports a threshold was reached to trigger a no confidence vote in May sent sterling to a fresh session low. Sterling was last trading at $1.2481, down 0.62 percent after hitting a low of 1.2479 tie pin and cufflink set uk online. After an initial softening, the dollar index, which tracks the U.S. currency against six major peers, rose 0.25 percent, with the euro down 0.31 percent to $1.132. European bond markets were focused on France a day after President Emmanuel Macron announced wage rises for the poorest workers and tax cuts for pensioners, in further government concessions aimed at defusing weeks of often-violent protests, raising concerns over fiscal spending..
In response, French bond yields rose to their highest spread in 20 months over Germany’s yields, at 47.81 basis points tie pin and cufflink set uk online. Benchmark 10-year Treasury notes last fell 7/32 in price to yield 2.879 percent, from 2.856 percent late on Monday. Oil prices rebounded after having sunk on Monday, buoyed by an outage that dented Libyan production, but pared gains on the U.S. government shutdown concerns. U.S. crude settled up 1.3 percent at $51.65 per barrel, and Brent was last at $60.20, up 0.38 percent..