Wall Street Stumbles On News From China
  • 6 years ago
Two reports held up the major indexes on Wall Street on January 10th.
According to a report from Bloomberg, China may slow purchases of US Treasury bonds.
China is the world's biggest holder of U.S. Treasuries outside of the United States.
The report helped to snap a 6-day streak of closing on new highs for the Nasdaq Composite and S&P 500.
The S&P also slipped after a Reuters report stated Canada is increasingly convinced President Donald Trump intends to pull out of NAFTA.
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