Stocks drop after President Trump calls off stimulus talks

Stan Choe, Damian J. Troise and Alex Vega

10/06/2020

STOCKS declined sharply on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. / AP FILE PHOTO/CRAIG RUTTLE — STOCKS DECLINED sharply on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. / AP FILE PHOTO/CRAIG RUTTLE

Stocks turned sharply lower on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. The S&P index slid 1.3% after Trump tweeted his mandate. The benchmark index had been up 0.7% just prior to the president’s announcement with about…

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