Wall Street down for third day as trade worries persist

Wall Street down for third day as trade worries persistAnother round of talks is set for next week in Beijing, but President Donald Trump on Thursday fanned worries when he said he did not plan to meet Chinese President Xi Jinping before the March 1 deadline set for reaching an agreement. The trade-sensitive industrials shed 0.63 percent while shares of chip companies, which get a huge chunk of their revenue from China, also slipped. “The two big headwinds we are looking at is weakening data out of the eurozone and some uncertainty around the trade dispute with China creeping back into the markets,” said Shawn Cruz, manager of trader strategy at TD Ameritrade in Jersey City, NJ.

Source: https://news.yahoo.com/wall-street-opens-lower-trade-woes-144048603.html
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