Stock Market Falls as Trump Criticizes China

Stocks were lower midsession Tuesday after President Donald Trump renewed his attacks on China, undermining hopes the world’s two largest economies will reach a trade deal while investors also digested mixed corporate earnings reports.

Investors were also awaiting the Federal Reserve’s decision on interest rates due Wednesday with a quarter percentage point cut expected.

How are the major benchmarks faring?
The Dow Jones Industrial Average DJIA, +0.00% was off 54 points, or 0.2%, at 27,164 while the S&P 500 index SPX, -0.13% fell 10 points, or 0.3%, to 3,010, and...

President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai following a three-month breakup.

“China is doing very badly, worst year in 27 -- was supposed to start buying our agricultural product now -- no signs that they are doing so,” Trump said Tuesday on Twitter. “That is the problem with China, they just don’t come through.”