U.S. stocks opened dramatically lower on Monday, giving back all of the gains from a strong turnaround in the previous session, and reaching their lowest levels since March, after China decided to raise tariffs on some U.S. goods, as the ongoing trade war between the world’s largest economies… Source: U.S....
U.S. Markets Rip Higher On China, Fed News
U.S. stocks erupted higher on Tuesday after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit, broadening anticipation for a U.S.-China trade deal. This rally came after a mostly stagnant past week, but extends the overall optimism… Source: U.S. Markets...
Stocks are getting hammered after Trump threatens to slam new tariffs on hundreds of billions of dollars of Chinese goods
US equity markets fell under pressure early Monday after President Donald Trump threatened new tariffs on Chinese goods.The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all fell by nearly 2% in early trading, throwing a wrench in what’s been an impressive US stock-market recovery so far this year....
Here are the US conglomerates that’ll be hit hardest by Trump escalating the trade war with China
President Donald Trump’s tariffs have already had a significant affect on companies operating across several industries. These multi-industry companies will suffer further declines in profitability should the trade war escalate, according to a report from RBC. Source: Here are the US conglomerates that’ll be hit hardest by Trump escalating the...