According to US President Trump, China violated its agreement with US. Wall Street indices lose after this statement, seeing this as a risk of increasing tariffs from current levels negotiated in Geneva. The futures on S&P 500 (US500) are down almost -0.5% as of 12:30 AM GMT. According to US Trade Representative Greer 'China is the biggest trade deficit problem, the EU next'.

Daily Market Summary - Wall Street Inflection Point
⏫US100 Jumps 1% on Tariffs Hopes
US OPEN: Is This the Turning Point After the Correction?
BREAKING: Huge oil inventories increase. Oil rebounds from $60