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Hopes

Dow at Risk as Trade Deal Hopes Disintegrate After Horrific China Report

The Dow Jones closed at a record high on Friday above 28,000 on hopes of imminent progress in the U.S.-China trade war. Leaked Chinese documents showing China’s crackdown on its Muslim minority population threaten to freeze Trump-Xi relations. Given that the Dow’s rally has been fueled by hopes of a trade deal, this setback now…