Is this the start of more selloffs? Trump cancels stimulus talks, gold price, stocks plunge

Markets tank, Trump cancels stimulus talks; more volatility ahead says trader

As President Donald Trump calls off further stimulus negotiations with the Democrats until after the elections, stock markets are falling on the announcement. More volatility in the markets can be expected in the month before the election, said Bill Baruch president of Blue Line Futures.

The S&P 500 held onto gains in the early part of the trading session on Tuesday then fell more than 1% on Trump’s announcement.
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