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Markets Live Recap: Why the Stock Market Was Volatile Today

Tensions between the United States and China have risen in recent weeks after President Trump criticized the Chinese government's response to the coronavirus outbreak. Investors were worried that Trump may pull out of the phase one trade agreement with China reached earlier this year. That's why they sold off stocks into the close yesterday. And throughout most of the day today. But fortunately, the President didn't even bring up the trade agreement during his press conference today. Instead, Trump announced he would take action to eliminate special treatment towards Hong Kong. Money Morning's Chief Investment Strategist Shah Gilani was watching this press conference closely and dissecting all the news that came to light today. The post Markets Live Recap: Why the Stock Market Was Volatile Today appeared first on Money Morning - We Make Investing Profitable . Here's how he thinks investors should be positioning themselves heading into the weekend... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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