On Tuesday US Stocks finished weaker while traders focus on the continuing trade discussions between China and the U.S. Regarding the US-China talks on Monday, Secretary of State Mike Pompeo stated that he believed the two countries were "on the cusp" of reaching a settlement that would end the trade conflict. Pompeo said to KCCI television. "We're trying to get that rectified, get that fixed, make it fair and reciprocal and I think we're on the cusp of doing that and I hope all those tariffs will go away."
The Dow Jones Industrial Average dropped only 13.00 points to 25,806.60 The S&P 500 closed the day below 0.1% at 2,789.60 while the Nasdaq Composite ended at 7,576.35.
Mike Pompeo said we believed in the deal
Daily Analysis - 06/03/2019