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Wall Street does not like the mixed messages coming out of the White House on trade.The Dow fell 600 points, or 2.4%, on Friday afternoon. The Nasdaq plunged 3%, while the S&P 500 retreated 2.4%.The Dow closed for the day down 588 points.Stocks had been trading higher earlier Friday, but the market turned sharply lower following conflicting messages coming out of the Trump administration about trade.While White House economic adviser Larry Kudlow sounded an optimistic note about China talks on CNBC, trade adviser Peter Navarro was simultaneously warning on CNN of higher tariffs if issues aren't resolved during the 90-day negotiating period."We've gotten a hodge-podge of mixed messages from people in the same administration," said Art Hogan, chief market strategist at B. Riley FBR. "We're not sure who we're supposed to listen to."Investors also received a softer jobs report on Friday. The Labor Department said the United States?added 155,000 jobs in November, missing expectations for a gain of 200,000. But the labor news did not trigger a selloff and some traders likely figured the slowdown in hiring will reduce pressure on the Federal Reserve to raise interest rates.Worries about the negative consequences of the trade war and hopes for progress have launched Wall Street on a wild ride of late. The US-China ceasefire sent stocks soaring on Monday. But doubts about the truce helped knock the Dow nearly 800 points into the red on Tuesday. And then the Dow plunged 785 points on Thursday before staging a huge comeback."It doesn't feel like much of a ceasefire," said Ed Yardeni, president of investment advisory Yardeni Research. 1697

WASHINGTON (AP) — President Donald Trump appears to have acknowledged for the first time that Joe Biden won the White House election. But Trump is making clear he's not conceding and will keep trying to overturn the result. Trump’s statements come in tweets that include several baseless claims about the Nov. 3 election, which state and federal officials say was safe and secure. Without using Biden's name, Trump tweets that “he won,” something Trump hasn't said before publicly. But Trump says the Democrat’s victory was only “in the eyes” of the media. There has been no widespread fraud in the 2020 election. Election officials from both political parties have stated publicly that the election went well and international observers confirmed there were no serious irregularities. 793

WASHINGTON (AP) — A federal judge has ruled that former national security adviser John Bolton can move forward in publishing his tell-all book. The Trump administration had tried to block the release because of concerns that classified information could be exposed. The decision from U.S. District Judge Royce Lamberth is a victory for Bolton in a court case that involved core First Amendment and national security concerns. The ruling means a broader election-year readership and distribution for a memoir that paints an unflattering portrait of President Donald Trump's foreign policy decision-making during the turbulent year-and-a-half that Bolton spent in the White House. 686

VISTA (CNS and KGTV) - Prosecutors announced Friday they will seek a second trial against ex-NFL tight end Kellen Winslow II, who was convicted of forcible rape and misdemeanor counts of indecent exposure and lewd conduct earlier this week. Following about a week of deliberations, a Vista jury found Winslow guilty of raping a woman in Encinitas and exposing himself to two others, but deadlocked on eight other charges, including rape and kidnapping in connection with two other women. Jurors indicated that they were leaning toward guilty verdicts on each count, but were unable to reach a consensus, leading San Diego Superior Court Judge Blaine Bowman to declare a mistrial as to those counts Tuesday morning, and dismiss the jury. Prosecutors stated they will go forward with trying Winslow a second time. A judge set the trial date for Sept. 30 and denied bail, saying Winslow was a danger to the community.Winslow was convicted of last May's rape of a 58-year-old homeless woman -- Jane Doe 2 -- exposing himself to Jane Doe 3, who was gardening in her front yard in Cardiff last May, and touching himself in front of a 77-year-old woman -- Jane Doe 5 -- at a Carlsbad gym in February. The 35-year-old son of former San Diego Chargers legend Kellen Winslow was acquitted of committing lewd conduct in front of Jane Doe 5 on a separate occasion. WATCH FRIDAY'S COURT HEARING: 1390

WASHINGTON (AP) — A major union representing U.S. postal workers endorsed Democrat Joe Biden, a move that comes after President Donald Trump acknowledged he was starving the postal service of money in order to make it more difficult to vote by mail in November’s election. The National Association of Letter Carriers, which represents 300,000 current and retired workers, said Thursday that Trump's longstanding hostility to the mail-delivering agency has heightened during the pandemic. They say his administration has taken “steps outside of the public eye to undermine the Postal Service and letter carriers." Union president Fredric Rolando said Biden is a "fierce ally and defender of the United States Postal Service." 732