Stocks dip to new session lows on the fear.
Some newswires are picking up on the story that White House advisor is saying:
- tariffs on Chinese goods could go to 50% or 100%
That is the headline scare. Adam posted on it earlier (CLICK HERE)
Meanwhile CNBCs Kayla Tausche is out saying that another Republican advisor says that WH Pillsbury is "freelancing here, stirring up recurring frustration at treasury and state departments but not with Pres. Trump"
She adds the advisor says
- Pres. Trump likes having him out there with a harder line
- It gives the POTUS more room to negotiate
Stocks have dipped to new session lows on the news but still is holding onto gains in the S&P index and NASDAQ index.
The S&P fell to near unchanged as did the Nasdaq. The Dow did dip into the red but is back in the black.
