Trump Predicts a "Great Deal" With China as Bilateral Trade Row Persists

Stocks dip again on worries about tech tariffs

The reports - all based on a Bloomberg article - say that the USA will place tariffs on the remaining $257 billion of Chinese imports not already subject to tariffs if there are no new developments in the ongoing trade spat.

The United States has already imposed tariffs on $250 billion worth of Chinese goods, and China has responded with retaliatory duties on $110 billion worth of USA goods. According to Bloomberg News, the additional tariffs will be announced in December if no breakthrough results from the meeting. The euro fell to $1.1390 from $1.1412.Tokyo's Nikkei 225 sank 0.2 percent and Seoul's Kospi lost 1.5 percent.

"And I have Dollars 267 billion waiting to go if we can't make a deal", Trump said.

"I think it's a reflection of the lack of conviction that we have in the market right now", Fehr said in an interview.

ASIA'S DAY: Japan's Nikkei 225 index jumped 1.5 percent to 21,457.29 after official data showed that the unemployment rate eased to 2.3 percent in September, from 2.4 percent a month earlier.

MSCI's gauge of stocks across the globe gained 1 percent. Facebook stock was also down 2 percent, Amazon fell 6 percent, Netflix dropped 5 percent and Google's parent company Alphabet fell 4.5 percent.

Stephens downs top seed Kerber, storms into WTA finals
The Bertens forehand once again did the damage as her return found the corner, and Svitolina could not retrieve it in time. Osaka had started the match brightly, rolling through her service games before being broken in the eighth game.

Meghan Markle Slammed For Putting Hands Inside Pockets For This Reason
They then tied the knot on a beachfront ceremony in 2011, but divorced in 2013, citing "irreconcilable differences". The Duchess of Sussex took a leaf out of her sister-in-law's book for the occasion, showing off her netball skills.

Notorious Boston gangster Whitey Bulger killed in prison
As they called him a coward, a rat, a punk and Satan, Bulger kept his head down and showed no emotion as he scribbled on a pad. The ex-crime boss was on the run for years and was one of the FBI's most wanted before being captured in Santa Monica in 2011.

With the initial market reaction, Wall Street came under a heavy selling pressure and Nasdaq was last seen down 1.26% on the day while the DJIA and the S&P 500 indexes were losing 0.25% 0.05%, respectively. The effects could be especially severe for technology companies, which make many of their products in China, and for industrials. The Nasdaq has plunged 13 percent from its record high reached August 29.For most of this year investors have remained hopeful that the USA and China would work out their disagreements on trade policy and that numerous tariffs would be reduced or eliminated.

Stocks in Asia were poised for a muted start Thursday after global equities rallied on the final two days of what was still their worst month in more than six years.

USA equity futures advanced on Wednesday and European stocks jumped, tracking a rebound across Asia as the worst month for global equities in six years draws to a close. Italy's FTSE MIB index rose 1.9% after Standard & Poor's did not downgrade its credit rating. Stocks climbed earlier this month after Bolsonaro led the previous round of voting, as investors preferred him to leftist parties. Brent crude, used to price worldwide oils, lost 19 cents to $77.18 per barrel.

The Russell 2000 is down 58.20 points, or 3.8 percent.

Gold fell 0.1 percent to $1,231.51 an ounce, the biggest fall in a week.

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