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US markets end lower as trade jitters return
India, Dec. 5 -- After gaining in the previous session, the US markets ended lower with cut of over three percent on Tuesday, with the Dow Jones Industrial Average dropping by almost 800 points, as investors worried that a US-China trade truce reached over the weekend was not all it was cracked up to be. Doubts surrounding the US and China's ability to achieve a concrete deal to avoid new, or expanded, bilateral tariffs are rising, as investors focused on the lack of specific concessions made by China at last weekend's G-20 meeting in Argentina, where President Donald Trump and Chinese President Xi Jinping met. Meanwhile, confusion spread when exactly the 90-day timeline would begin, after White House economic adviser Larry Kudlow mistakenl...
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