Markets Get Nervous After Trade War Winds Change

U.S. stocks sold off early Friday as optimism that had risen about the prospects of the U.S. scrapping duties was quickly curtailed. In the continued drama that is the trade war, President Donald Trump said Friday he has not agreed to scrap tariffs on Chinese goods, as was claimed yesterday, dashing dreams about a coming resolution to the protracted trade conflict. Markets have since bounced back some as of 1 pm ET.