Wall Street Breakfast: Trade Overhang Sparks Another Selloff

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It's looking like another tough week for Wall Street, with DJIA futures off more than 300 points as investors await countermeasures from China after trade talks with the U.S. appeared to end in a stalemate. On Saturday, President Trump said China should "act now" to make an agreement, predicting that "far worse" terms would be on offer after what he forecast would be his certain re-election in 2020. Adding to the tensions, China's foreign ministry said Beijing would never surrender to foreign pressure, sending the Shanghai Composite down 1.2%.

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