Kudlow: China tariffs ‘still on the table’ for Dec. 15

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Stocks open lower as investors eye report of December tariff delay

U.S. stocks opened slightly lower on Tuesday even after news reports indicated both Washington and Beijing were preparing to delay tariffs due to kick in on Dec. 15. Stock-market futures were trading sharply lower in the morning but shed their losses towards the opening bell. The S&P 500 edged 0.1% lower to 3,133. The Dow Jones Industrial Average retreated 36 points, or 0.1%, to 27,874. The Nasdaq Composite was down 0.1% to 8,614. The delay of import duties in December are seen as particularly important because they would apply to a wider swathe of consumer goods, delivering a more direct hit to households which have seen a muted impact from U.S.-China trade tensions so far.

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