Trump takes tough stance on trade and China

The Dow, Nasdaq, and S&P 500 will all continue being in the red this morning. The markets were rattled by the Senate’s new tax bill. This all comes as President Trump takes a tough stance on trade in Vietnam. Yahoo Finance’s Alexis Christoforous, Rick Newman, Jared Blikre, Justine Underhill and Seana Smith discuss the big stories of the day.

Today’s topics:

  • Trump attacks countries on trade

  • Senate unveils tax plan, differs from House plan

  • Senate tax plan rattles stocks

  • China to open up financial sector to foreign companies

  • Nvidia earnings exceed Wall Street expectations

  • Disney misses estimates, announces new Star Wars trilogy

  • Nordstrom falls on Q3 sales miss, beats on EPS and revenue

  • J.C. Penney soars on better-than-expected same-store sales

  • Alibaba preps for Single’s Day promos despite shopper fatigue

  • Hertz beats estimates on profits

  • Alabama senator Roy Moore accused of pursuing underage girls

  • Ford partners with Ekso to test bionic exoskeletons for workers

  • American Eagle revamps the traditional shopping experience

TWITTER POLL:
What do you think of the exoskeletal suit @Ford is testing?
– Assembly line revolution
– Iron Man like potential
– Beginning of Skynet

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