Stocks Fall as Trump Downplays Chances of China Trade Deal

UNDATED (AP) — U.S. stocks are broadly lower in afternoon trading after President Donald Trump cast doubt over the potential for a trade deal with China this year and threatened to impose tariffs on French goods. The losses have the S&P 500 on track for its third straight loss as the market continues to give up gains after a strong November rally. Apple is down as technology stocks lead the losses. Banks are also sharply lower as investors head for the safety of bonds, pushing yields lower. Utilities are up.


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