US stocks fall after Trump-Xi summit leaves investors ‘underwhelmed’

No indication the 2 leaders resolved points of contention on trade or Iran Investors sold American stocks on the morning of May 15 as concerns over higher oil prices and stickier inflation dampened sentiment. © Reuters NEW YORK — U.S. equities markets tumbled on Friday, dragged down by inflation worries and rising Treasury yields, after a summit between President Donald Trump and Chinese counterpart Xi Jinping ended with no major breakthroughs.

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