US stocks slipped on Friday ahead of President Donald Trump's news conference on China.
US consumer spending in April also posted the biggest drop on record as the personal savings rate jumping to a record 33%, from 12.7%. US stocks slipped Friday as concerned traders awaited President Donald Trump's news conference on China. Consumer-spending data also showed a record drop in April, reflecting the immense economic damage caused by the coronavirus.
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US stocks erase gains, close negative after Trump announces Friday press conference on China | Markets InsiderUS stocks erased earlier gains and closed negative on Thursday after President Donald Trump announced he will hold a press conference on Friday ...
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Why Rising U.S.-China Tensions Are The Biggest Threat To The Stock Market RallyTwo threats to the stock market rally are China’s growing belligerence and the slow reopening from COVID-19 lockdown in big states, such as New York, Illinois and California. Over 100,000 dead in the USA in 10 weeks from Coronavirus, 41 million unemployed, 25% of workforce out of work, several small companies going out of business permanently, and bankruptcies and evictions soaring. No cure or vaccine. Country is more divided than ever. balloon or Harley, if you had to choose one, which would it be
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »