Wall Street drops on new U.S.-China trade worries, Fed
NEW YORK - Wall Street lost ground on Tuesday after a warning from President Donald Trump to China amid ongoing trade negotiations pressured technology shares, while investors looked to an expected Federal Reserve interest rate cut at the conclusion of its monetary policy meeting.
As trade talks between the world’s two biggest economies continued in Shanghai on Tuesday, Trump warned China against trying to wait out his first term in office to finalize a deal.
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