After waffling between slight gains and losses for most of the morning, stocks have tumbled into the European close, possibly prompted by a story published by Outlook India claiming that trade talks between US and China have hit an impasse.
The drop leaves the Dow on track for its second straight weekly close in the red. And after the late-day tumble on Wednesday prompted by the Fed’s ‘transitory’ hawkishness, stocks are on track to finish lower for the second day in a row.
via ZeroHedge News http://bit.ly/2Vao6h8 Tyler Durden