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Markets Drop After US President Donald Trump Cancels North Korea Meet

Energy stocks declined as oil prices recorded their largest one-day drop
Energy stocks declined as oil prices recorded their largest one-day drop
US stocks dropped on Thursday after President Donald Trump cancelled a planned summit with North Korean leader Kim Jong Un, while a slide in oil prices and bank stocks also weighed as investors grappled with fresh US protectionist plans. Trump said he canceled a June 12 summit "based on the tremendous anger and open hostility" in Kim's recent statement. The move came after North Korean media reported earlier that the country had blow...
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