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‘Trump kicks markets in the gut’ — US stocks are set for more pain as trade-war fears grip investors again
Asian and European stocks plunged on Friday, following a US rout on Thursday, after Trump's threat of more tariffs. US stocks are set to fall again.
"If they want to fight, we will fight until the end," said China's defense minister. "Bully us? No way."
"We are now seeing a more persistent deterioration of external demand," European Central Bank President Mario Draghi said on Wednesday.
The Shanghai Composite Index and Japan's Nikkei jumped at least 1% each.
Google dropped more than 2.6% in premarket trading, signalling a $21 billion drop, after parent company Alphabet reported a staggering 26% jump in costs.
Trump trade-war comments give stocks meager boost amid thin trading during ‘Year of the Pig’ celebrations
President Donald Trump said trade talks with Beijing are "doing very well." That helped lift Asian shares while other markets were subdued.
Markets are loving the Fed’s ‘patient’ stance on rates — and with Facebook’s blowout quarter it’s a sea of green f...
The Federal Reserve's "surprisingly dovish" stance on the economy, along with positive results from Facebook, has sparked a global stock market rally.
'This is a hostile message that the US is sending. The fear is that this move will negatively impact trade talks, making a deal even less likely.'
US stocks set to slip as investors kick off a busy week of US-China trade talks, Fed meeting, and Apple earnings
Investors sent stocks lower while weighing looming US-China trade talks and a slew of other key events to help gauge the health of the global economy.
Goldman Sachs says the falling stock market has super rich people spending less on yachts, jewellery and private jets
"Equity price moves do have a meaningful effect on the spending of wealthy households," Goldman Sachs economist Daan Struyven says.