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That was fast. Wall Street's enthusiasm for the US-China trade truce has completely vanished.The Dow Jones sunk nearly 800 points on Tuesday, nearly a three percent drop.The S&P 500 declined 2.5%, while the Nasdaq tumbled 3%.Big tech stocks fell sharply. Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL) lost more than 3% apiece.The selloff wipes out Monday's 288-point jump on the Dow. That rally had been fueled by relief over the ceasefire between the United States and China on the trade front.But investors are quickly realizing that the US-China trade war is not over. The tariffs already put in place remain. And new tariffs could be implemented if the two sides fail to make progress."People are still very concerned about the trade war," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. "Financial markets are increasingly showing signs of fear of a recession."President Donald Trump did not help Wall Street's trade war worries on Tuesday. Trump said that he would "happily" sign a fair deal with China but also left open the possibility that the talks will fail."President Xi and I want this deal to happen, and it probably will," Trump tweeted. "But if not remember... I am a Tariff Man."Those words aren't likely to bolster confidence among investors already worried about the negative consequences of the trade war. Steel and aluminum tariffs have lifted raw material costs and caused disarray in supply chains. And uncertainty about trade policy makes it very difficult for companies to make investment decisions.Investors have also grown very worried in recent days about fluctuations in the bond market. The gap between short and long-term Treasury rates has narrowed significantly this week. Before almost every recession, the yield curve has inverted, meaning short-term rates are higher than long-term ones.The gap between the 10-year and two-year Treasury yields dropped on Tuesday to the smallest since just before the Great Recession. And the less closely watched gap between three and five-year Treasury yields inverted on Monday.The tightening yield curve reflects fears about a growth slowdown and concerns about whether the Federal Reserve is raising interest rates more quickly than the economy can handle. Fed chief Jerome Powell gave a speech last week that investors interpreted as signaling the central bank could slow its rate hikes. However, there is a debate over whether Powell really was telegraphing a sudden change.Barry Bannister, head of institutional equity strategy at Stifel, predicts the Fed will pause its rate hikes because it has already made monetary policy too tight. He pointed to the slowdown in the housing market caused by higher mortgage rates."It's playing with fire to be too tight and risk an inversion because you don't know what the outcome will be," Bannister told reporters on Tuesday. "Even if the Fed pauses, they may have already done too much."A flattening yield curve and slowing economic growth hurt the profitability of banks.The financial sector was the second-worst performer in the S&P 500 on Tuesday. Bank of America (BAC), Morgan Stanley (MS) Citigroup (C) and Wells Fargo (WFC) declined more than 4% apiece.But Suzuki cautioned that the markets could be overreacting. He pointed to strong corporate profits and the fact that the yield curve has not yet inverted."We don't see signs of an impending recession," Suzuki said. "There is a widening gap between market fear of a deterioration in the fundamentals and the actual fundamentals themselves." 3558

Students from Marjory Stoneman Douglas High School rode to Washington, DC in style on the way to the "March for our Lives" protest.The Fort Lauderdale-Hollywood International Airport tweeted on Friday afternoon that the students boarded the New England Patriots' team plane before taking off for Washington.PHOTOS: Students hit the streets for "March for our Lives" protestAccording to ABC News, students on the plane were presented with Patriots apparel and a letter from Patriots owner Robert Kraft.  515

Taylor Swift is back in the global spotlight after the release of her highly-anticipated new album “Reputation” and has one question for her fans, “Are You Ready for It?”.Swift announced the first 27 dates of her world tour “Reputation”, named after the new album, on Monday morning. It comes on the heels of her appearance on “Saturday Night Live” this weekend where she performed two songs of her latest studio project, “...Ready for It” and a stripped-down acoustic version of “Call It Want You Want”.The stadium tour focuses on larger venues, mainly NFL stadiums, and kicks off in May.The “Look What You Made Me Do” singer is excepted to bring back her “1989 World Tour” producer Louis Messina.Messina is no stranger to finding success with stadium tours as he also works with country superstar Kenny Chesney who is making stops in 17 NFL markets for his 2018 “Trip Around The Sun” tour.Tickets for Swift’s new tour go on sale to the general public on the singer's birthday, Wednesday, December 13.Some fans will have a chance to grab tickets early through the new Ticketmaster Verified Fan program.It will be a test for the new method of buying tickets, which rewards fans for participating in artist activities like engaging with them on social media or buying merchandise.The program faced some early backlash as some fans saw it as creating an additional expense to get the same tickets. However, ticket promoters insist it is a new layer of screening to keep the tickets in the hands of actual fans and away from scalpers.More tour dates, including international stops in the United Kingdom, Ireland, Australia and New Zealand, are expected to be announced at a later time.Reputation World Tour Dates: May 8    Glendale, AZ     University of Phoenix Stadium 1809

Tesla on Thursday recalled about 123,000 Model S sedans, asking customers with cars built before April of 2016 to have their power steering bolts replaced.A Tesla spokesperson said the company has observed "excessive corrosion" of the part in some cold climates where a certain type of road salt is used.No injuries or accidents have been reported in connection with the issue, the spokesperson said.A Tesla spokesperson said that if the bolts fail, the driver should still be able to control the vehicle. The issue can make the car more difficult to steer at low speeds and to parallel park, and it should "not materially affect control at high speed."The company sent out emails to Model S owners who have cars included in the recall.The Model S has been lauded for its safety ratings, but news of this recall comes at a rough time for Tesla.Its stock price has plunged more than 25% over the past month. Investors are worried about the startup's ability to deliver on its first mass-market car, the Model 3, which has been plagued by manufacturing woes.Tesla's stock sank nearly 4% during after-hours trading Thursday after news broke about the Model S recall.The-CNN-Wire 1183

TERRE HAUTE (AP) — The U.S. government has executed a former soldier who said an obsession with witchcraft led him to kill a Georgia nurse he believed had put a spell on him. William Emmett LeCroy is the sixth federal inmate put to death this year at the U.S. prison in Terre Haute. Before that, there had been a 17-year hiatus without any federal executions. Lawyers had asked President Donald Trump in a petition to commute LeCroy's sentence for killing Joann Lee Tiesler in 2001. They said LeCroy's brother was killed during a routine traffic stop in 2010 and that another son's death would devastate the LeCroy family.U.S. Department of Justice Spokeswoman Kerri Kupec issued the following statement following the execution: 736