Wall Street stocks rose early Tuesday, winning back a fraction of the losses suffered in a broad sell-off in the prior session caused by fears over the escalating US-China trade war.[NEW YORK] Wall Street stocks rose early Tuesday, winning back a fraction of the losses suffered in a broad sell-off in the prior session caused by fears over the escalating US-China trade war.The broad-based S&P 500 gained 0.6 per cent to 2,827.43, while the tech-rich Nasdaq Composite Index advanced 0.
Major US indices lost more than two per cent on Monday after China announced retaliatory tariff measures on the US following Washington's move last week to more than double the punitive tariffs already in place.Analysts said the market was taking solace in President Donald Trump's statement that he expected to meet next month with his Chinese counterpart Xi Jinping at a Group of 20 summit in Japan.
"That will be monitored closely by market participants who recognise the market has shown a great propensity to bounce back every time it has moved noticeably lower."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore stocks: STI resumes Monday afternoon at 3,235.64, down 1.2% on dayWITH the US and China deadlocked in trade deal negotiations and uncertainty growing among investors, the Singapore market started the week in negative territory, continuing to trend downwards in the afternoon session. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asia stocks slip, bonds rally on fears China-US trade deal unravelingAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Europe: Stocks drop as China ups stakes in trade war with US[BENGALURU] European stocks continued their decline on Monday, on the heels of this year's biggest weekly loss, as an escalation in the US-China trade war battered sentiment and prompted investors to shift into safer bets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
European stocks tumble as US, China exchange trade war salvosLONDON: European stock markets came under intense pressure on Monday (May 13) from new eruptions in the US-China trade war, while oil rallied on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks tumble on trade war fears, Dow ends -1.8%[NEW YORK] Wall Street stocks tumbled amid renewed trade war fears on Tuesday, joining other leading bourses in selling off on signs the US and China are moving further from an agreement. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asian stocks, yuan fall as US-China seen deadlocked in trade talksSYDNEY: U.S. stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Global stocks slip, bonds rally as US-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks end mostly lower amid trade uncertainty[NEW YORK] Wall Street stocks finished a choppy session mostly lower Wednesday as investors tried to suss out the latest back-and-forth in the US-China trade saga. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asia stocks slip, bonds rally on fear China-US trade deal could unravelAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks end mostly lower amid trade uncertaintyNEW YORK: Wall Street stocks finished a choppy session mostly lower on Wednesday (May 8) as investors tried to suss out the latest back-and-forth ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »