January 10, 2018      3:44 PM
Stock market jitters compounded by report that Trump will withdraw from NAFTA
"...stocks, struggling to maintain record-setting altitude in 2018, took a firmer slide Wednesday afternoon amid a report that Canadian officials expect that President Donald Trump will announce an end to the North American Free Trade Agreement."
Dow Jones Industrial Average DJIA, -0.07% was off about 50 points, or 0.2%, at
25,3337, the S&P 500 index SPX, -0.11% was off 0.3% at 2,744, while the
Nasdaq Composite Index COMP, -0.14% retreated by 0.3% at 7,139. The main
benchmarks had been treading water, trying to recover from an earlier, steeper,
slide, before reports about Nafta surfaced. According
to Reuters, which cited two Canadian government officials, Canada is
increasingly convinced that President Donald Trump will announce that the U.S.
will exit Nafta.
Copyright January 10, 2018, Harvey Kronberg, www.quorumreport.com, All rights are reserved