U.S. Stocks Fall, Tech Sinks on Fresh Trade Angst: Markets Wrap

Selling intensified after Bloomberg reported the U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war.“There’s this pessimism that has been hanging on this market the whole month,” Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance, said by phone .