Stocks Plunge After China Trade Delegation Cancels Trip
Update: This is the catalyst: Montana Farm Bureau says the Chinese delegation has cancelled its US farm visit to Montana, and agriculture officials are returning to China sooner than expected.
Sending the odds of a trade deal reeling…
Source: Bloomberg
* * *
Well that escalated quickly…S&P crashed back below 3,000
All major indices erasing all the post-FOMC gains…
Hog futures limit down…
Yuan plunged…
Source: Bloomberg
The 2Y Yield also tumbled…
Source: Bloomberg
Tyler Durden
Fri, 09/20/2019 – 13:16
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