This file photo taken on April 7, 2017 shows US President Donald Trump (L) and Chinese President Xi Jinping (R) at the Mar-a-Lago estate in West Palm Beach, Florida. / AFP / JIM WATSON
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Global stocks sold off while investors raced for the safety of the Japanese yen and some government bonds Wednesday as concerns rose that setbacks to U.S.-China trade talks would undermine world economic growth.The Dow Jones Industrial Average fell 107.45 points, or 0.43 percent, to 24,726.96, the S&P 500 lost 8.16 points, or 0.30 percent, to 2,716.28 and the Nasdaq Composite dropped 11.66 points, or 0.16 percent, to 7,366.80 .Fears over the further dampening of U.S. relations with China and North Korea weighed on equities, and the Federal Reserve's May meeting minutes due for release Wednesday were also giving investors pause, analysts said.The Japanese yen strengthened 0.75 percent at 110.08 per dollar.
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