Dow turns red as optimism fades

Shares rose today, but profits were quickly lost as US-China trade tensions remained in focus.

Dow Jones Industrial Average wiped out more than 100 gain points and is currently in red territory just below the opening zone. The S & P 500 is also around zero. Nasdaq Composite retains its lead of 0.2%, although it is far below the top of the session.

Trump said on Monday that the US is not ready to enter into a deal with China before adding that it expects such a deal in the future. The president then also said that tariffs could be tangible.

Still, worries about trade talks did not allow markets to record profits. Trump's comments followed the Chinese newspaper Xinhua, which made it clear that China would not succumb to the wishes of the United States.

"Trump plays the Game of Thrones with foreign and local opponents," said Ed Yardeni, president of Yardeni Research. "As he is the president of the world's largest economic and military power, he claims he will carry out many deals with them, which will be of great benefit to the United States in the short term. The results so far are mostly disappointing. "

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