Stocks Slump As Putin Warns Korea Situation Is “Deteriorating”

Having been unable to stage any kind of recovery from yesterday’s Trump Tax Plan disappointment, comments from Vladimir Putin that “the situation in Korea is deteriorating” urging all sides to “avoid belligerent rhetoric” along with remarks by Chuck Schumer over the short-term spending bill (to avoid government shutdown), has sparked a leg lower in US stocks…
House Democrats will oppose a short-term spending bill if Republican leaders attempt to expedite an ObamaCare repeal bill this week, Rep. Steny Hoyer (D-Md.) warned Thursday. Hoyer, the Democratic whip, spoke with House Majority Leader Kevin McCarthy (R-Calif) Thursday morning to warn him of the Democrats’ position.

This post was published at Zero Hedge on Apr 27, 2017.