{"id":20671,"date":"2025-04-24T13:49:35","date_gmt":"2025-04-24T13:49:35","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/stock-futures-slide-as-china-dashes-hopes-of-trade-negotiations\/"},"modified":"2025-04-24T13:49:35","modified_gmt":"2025-04-24T13:49:35","slug":"stock-futures-slide-as-china-dashes-hopes-of-trade-negotiations","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/stock-futures-slide-as-china-dashes-hopes-of-trade-negotiations\/","title":{"rendered":"Stock futures slide as China dashes hopes of trade negotiations"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Momentum from a two-day relief rally in the stock market slowed considerably on Thursday, with mixed signals about tariff negotiations tempering investor&#8217;s optimism.<\/p>\n<p>Before trading kicked off, both the Dow Jones Industrial Average futures and S&amp;P 500 futures were down, 194 points, or 0.5%, and 10 points and 0.2%, respectively, signaling a weaker start to the day on Wall Street. The tech-heavy Nasdaq Composite futures, on the other hand, were up 2.5%.\u00a0<\/p>\n<p>&#8220;Stocks are sliding so far this morning after China threw cold water on hopes of a trade d\u00e9tente w\/the U.S. while investors shrugged at reports of some auto tariff exemptions in the U.S.,&#8221; Adam Crisafulli, head of Vital Knowledge, said in a report.<\/p>\n<p>This marks a departure from the past two days, when markets rallied following news of a potential U.S. trade deal with China. &#8220;There is an opportunity for a big deal here,&#8221; U.S. Treasury Secretary Scott Bessent <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/scott-bessent-treasury-secretary-china-deal-opportunity-imf-tariffs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">said <\/a><\/span>Wednesday during a keynote address at the Institute of International Finance in Washington, D.C.\u00a0<\/p>\n<figure class=\"embed embed--type-video embed--type-content_video is-video embed--float-none embed--size-medium \"><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/u-s-china-trade-negotiations-trump-happening\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Are U.S.-China trade negotiations happening?<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">04:35<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<p><em>The Wall Street Journal <\/em>yesterday\u00a0<a href=\"https:\/\/www.wsj.com\/politics\/policy\/white-house-considers-slashing-china-tariffs-to-de-escalate-trade-war-6f875d69\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> the White House was considering easing its tariffs on China, which currently stand at 145%.<\/p>\n<p>President Trump has suggested\u00a0<a href=\"https:\/\/www.cbsnews.com\/boston\/video\/president-trump-confirms-talks-are-underway-for-potential-trade-deal-with-china\/\" target=\"_blank\" rel=\"nofollow\" data-invalid-url-rewritten-http=\"\">trade talks with China<\/a> were in the works, saying &#8220;everything&#8217;s active&#8221; when asked if he was engaging with China. China, however, has denied this assertion.<\/p>\n<p>&#8220;Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis,&#8221; said Ministry of Commerce spokesman He Yadong.<\/p>\n<p>The markets <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/dow-1000-points-tariffs-stock-market\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">shed early gains<\/a><\/span> yesterday but still closed higher. But by Wednesday, futures and a market performance abroad told a different story. Asian markets were down Wednesday and European markets experienced a softer open, according to Capital Economics.<\/p>\n<p>&#8220;Optimism that countries will be able to strike deals to reduce tariffs have helped fuel a rebound in equity markets over the past few days,&#8221; said Neil Shearing, group chief economist at Capital Economics. &#8220;But the latest positive news on tariffs has failed to drive further gains in equities.&#8221;<\/p>\n<p>The whipsawing in the markets comes after Mr. Trump flip-flopped on whether he would oust Federal Reserve Chairman Jerome Powell. Mr. Trump late Tuesday <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-says-no-intention-of-firing-fed-chief-jerome-powell\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">said <\/a><\/span> that he has &#8220;no intention&#8221; to fire the head of the Federal Reserve, easing some investor concerns.<\/p>\n<p class=\"content__meta--contributors\">\n      <em><\/p>\n<p>                      <span class=\"byline__author__text\">The Associated  Press<\/span><\/p>\n<p>        contributed to this report.<br \/>\n      <\/em>\n    <\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/mary-cunningham\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Mary  Cunningham<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at &#8220;60 Minutes&#8221;, CBSNews.com, and CBS News 24\/7 as part of the CBS News Associate Program.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/stock-futures-slide-after-two-day-rally\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Momentum from a two-day relief rally in the stock market slowed considerably on Thursday, with mixed signals about tariff negotiations<\/p>\n","protected":false},"author":1,"featured_media":20672,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[3683,3685,3684,801],"class_list":["post-20671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-dow-jones","tag-nasdaq","tag-sampp-500","tag-wall-street"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock futures slide as China dashes hopes of trade negotiations - World News<\/title>\n<meta name=\"description\" content=\"After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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