Wait a minute. Treasury says no recommendations made on tariffs

S&P comes off highs

Wait a minute. The report that the US was mulling lifting tariffs on China to hasten trade deal, is being dialed back by the Treasury. They say that the Treasury has made no recommendations made on tariffs.

The S&P squeezed up to 2645 on the initial report. The S&P is back trading at 2629.50. The index was trading around 2622 prior to the report.

Here is the report from the WSJ. CLICK HERE