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US stocks head lower ahead of Powell and amid Iran tensions


Added 06-25-19 10:04:02am EST - “Investors are looking toward the upcoming U.S.-China trade talks to help reduce tensions of a trade war that is damaging the global economy.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “US stocks head lower ahead of Powell and amid Iran tensions”. Below is an excerpt from the article.

Horizon Investments' Scott Ladner and The Heritage Foundation's James Roberts on the market impact from U.S. trade negotiations with China.

The latest U.S. sanctions on Iran drew a sharp rebuke from the Islamic Republic on Tuesday, with Iranian President Hassan Rouhani calling the economic crackdown “outrageous and idiotic.”

Tensions between Tehran and Washington heightened last week after an Iranian missile shot down an unmanned U.S. spy drone over the Strait of Hormuz.

Investors are looking toward the upcoming U.S.-China trade talks to help reduce tensions of a trade war that is damaging the global economy.

Later this week, Trump and Chinese President Xi Jinping are expected to meet at the G-20 summit in Japan.

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