Stock markets mostly fall as hopes of US-China trade deal dampen

Stock markets mostly fall as hopes of US-China trade deal dampen

Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

Markets dip as China says Trump trade talks 'groundless': Live Updates

Markets fell as China rejected reports of trade talks with Trump, calling them baseless and denying any current negotiations. Follow Newsweek's live blog.

The U.S. president promises a substantial reduction in customs duties on Chinese products, which have climbed to 145%, and renounces the dismissal of the Fed's boss.

Markets Fade as China Calls Reports of U.S. Tariff Talks ‘Baseless’

Stocks pulled back from recent gains fueled by comments from President Trump and others suggesting that they might ease steep tariffs.

The stock market is skyrocketing in times of Donald Trump sowing turmoil. And that makes the (professional) investor's life even more stressful. “The past few days at the stock market felt like a wild rollercoaster.”

Stock Markets Build on Gains as Trump De-Escalates on China, the Federal Reserve

Risk assets were back in favor, while US bond yields retreated.