US stocks fall after no major Trump-Xi breakthroughs
Trump-Xi Summit
No indication the two 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 morning, 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.
