Stocks down for third day ??

President Donald Trump on Monday signaled he was open to cutting deals with countries around the world to ease tariffs, partially stabilizing markets that have been rattled by an intensifying trade war.

While Trump and many White House advisers continued to suggest there would be no quick end to new import duties, the president also fueled optimism that deals with individual countries could avert the worst-case economic scenarios. Major stock indexes closed largely flat after sinking for several consecutive days since the White House unveiled major new tariffs last week.

After a dizzying session, the S&P 500 ended down just 0.2 percent on Monday, while the tech-heavy Nasdaq was barely positive. The Dow Jones Industrial Average, which contains just 30 stocks, closed down just shy of 1 percent.


“We’re going to get fair deals and good deals with every country. And if we don’t, we’re going to have nothing to do with them,” Trump said in a joint Oval Office appearance with Israeli Prime Minister Benjamin Netanyahu. “They’re not going to be allowed to participate in the United States.”

Based on reporting by Jeff Stein, Aaron Gregg and Taylor Telford:

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