U.S. stocks absorb sharp blow as Trump floats notion of delayed China trade deal

U.S. stocks lurched lower at the open Tuesday after President Donald Trump said he might decide to wait until after the 2020 election to strike a trade deal with China. The Dow Jones Industrial Average DJIA, -1.01% fell 281 points, or 1%. The S&P 500 SPX, -0.66% was down about 16 points, 0.5%. The Nasdaq COMP, -0.55% tumbled more than 107 points, 1.2%. Shares of Lands End Inc. LE, +20.99% bucked the downtrend, jumping more than 8% after reporting strong earnings for the third quarter.

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