Stocks, U.S. Futures Drop; Yen Rises With Bonds: Markets Wrap

U.S. President Donald Trump said he had no deadline for China to return to trade talks, other than the one in his head. Trump has threatened to raise tariffs on Chinese goods if President Xi Jinping doesn’t meet with him at the Group of 20 summit later this month in Japan. “Even though the Fed is still on investors’ side, some of the slowdown in international economies and the uncertainty over trade makes risk-reward at this level somewhat mixed,” Chris Konstantinos, chief investment strategist at Riverfront Investment Group, told Bloomberg TV.