Talks Turn Ugly

 

S&P futures and global equities fell on Monday after their worst week of 2019, as hopes of an imminent U.S.-China trade deal were crushed with sentiment souring significantly over the weekend, as neither side showed a willingness to budge, raising fears of a fresh round of tit-for-tat tariffs. The dollar surged, the yuan tumbled and Treasuries rallied as traders walked in to the following sea of red.

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