Having ramped back into the green for the 3rd time today, Nasdaq futures are sliding once again after Fox News reports:
"Chinese Trade Sources tell us that China expects 10% tariffs on an additional $300 billion will be added Sept 1st. Those sources also say China expects that 10% to go to 25% because China will stand firm and not buy US Agriculture."
Chinese Trade Sources tell us that China expects 10% tariffs on an additional $300 billion will be added Sept 1st. Those sources also say China expects that 10% to go to 25% because China will stand firm and not buy US Agriculture. #China #Trade
— Edward Lawrence (@EdwardLawrence) August 7, 2019
Stocks dipped on the report...
(Click on image to enlarge)
As did Treasury yields...
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