Axios markets editor Dion Rabouin and Moody’s vice president William Foster discuss the November jobs report, the economy and China tariffs.
Stocks opened lower Monday, kicking off the final week of trading before a 15 percent tariff is scheduled to hit about $160 billion of Chinese goods.
Continue Reading Below
Speaking on Monday, a Chinese deputy commerce minister said Beijing wants “satisfactory results as soon as possible.” Chinese trade negotiators have called on the U.S. to roll back tariffs as part of a phase one trade agreement, something President Trump said he doesn’t want to do.
The three major averages were trading just off all-time highs and were on track for their first loss in four sessions.