U.S. Stocks Fall After Trump Nixes North Korea Summit

The Dow Jones Industrial Average declined Thursday after President Donald Trump called off a summit with North Korea, hitting investors with another wave of uncertainty. News of the canceled summit came within 30 minutes of the stock market’s open, pulling the blue-chip index down as much as 291 points before it recouped some of its losses later in the afternoon. As major indexes regained a bit of their footing, some money managers said the latest exchange between Washington and Pyongyang could be more of a negotiating tactic than a wholesale abandonment of the peacemaking process.

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