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Wall Street slides on renewed U.S.-China trade fears

Reuters  |  NEW YORK 

By April JoynerNEW YORK (Reuters) - Wall Street stocks sank on Thursday as worries that the United States and China would not be able to reach a trade deal increased concerns about slowing global economic growth.U.S. President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before the March 1 deadline set by the two countries for reaching an agreement.U.S. stocks had already been under pressure after the European Commission slashed its euro zone growth forecasts for 2019 and 2020 due to an expected slowdown in the largest countries of the bloc, partly due to trade ...

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First Published: Fri, February 08 2019. 03:02 IST
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