Stocks Dip As Mnuchin Admits Trade Talks With China Have Broken Down

Thursday, July 12, 2018
By Paul Martin

by Tyler Durden
Thu, 07/12/2018

Confirming the same headline from yesterday, Treasury Secretary Stephen Mnuchin warned today that “many of our trade talks with China have broken down.”

Mnuchin added that “China remains very important in cooperation over North Korea.”

Dow futures dropped – though remain up around 200 points on the day – on heavy volume…

As Nanex’s Eric Scott Hunsader notes, 1500 S&P500 futures contracts sold at once through 3 ticks is what caused that little tsunami of quotes at 12:41:21 ET

The Rest…HERE

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