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Equities slide on trade-war concerns — 'This market is trading on the whimsy of Donald Trump'
  • European equities and US futures fell Wednesday as investors worried about the trade war.
  • Asian stocks rallied, however, on renewed potential for a trade deal and Chinese government stimulus.
  • President Donald Trump on Tuesday said a trade deal "could absolutely happen," while Beijing might pump money into the economy to combat slowing growth of retail sales and industrial production.
  • European equities opened lower, with the Euro Stoxx 50 down 0.3%, France's CAC 40 down 0.3%, and Germany's DAX down 0.2%. Britain's FTSE 100 inched up 0.2%.
  • US stocks were set to open marginally lower. Futures underlying the Dow Jones Industrial Average and the S&P 500 were down less than 0.1%, while Nasdaq futures were almost flat.
  • Asian indexes closed higher, with China's Shanghai Composite up 1.9%, Japan's Nikkei up 0.6%, and Hong Kong's Hang Seng up 0.5%. 
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Full "The Business Insider: The Money Game" article




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