The markets sold off again today after starting the shortened holiday week in the green. The Dow 30 closed lower on the day by 238, the S&P 500 sold off 23, and the Nasdaq closed down 29. Investors focused on comments from Trump stating that the U.S. is "not ready" to make an official trade deal with China and hinted again that tariffs could be placed on the remaining imported goods from China.
Over the weekend there were numerous Chinese media outlets that aired the commentary that they would never give in to U.S. demands to change the way they operate their economy. This further left investors feeling that the trade war is going to be a much longer issue for the U.S.
Interest rates hit lows on this news as investors moved into the safety trade. The lower rates held back the banking stocks
As for individual stocks, recent IPO, Beyond Meats
In the chip space Advanced Micro Devices
This week is rather light on the economic calendar which is typical given the shortened holiday week. The IPO markets are also fairly quiet as well.