NEW YORK - U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as “a little squabble” a day after a spike in tensions between the world’s two largest economies rattled financial markets.
On Wall Street, the Dow Jones Industrial Average climbed 347.87 points, or 1.37%, to 25,672.86, the S&P 500 gained 38.53 points, or 1.37%, to 2,850.4 and the Nasdaq Composite added 122.52 points, or 1.6%, to 7,769.54.Trump said trade talks with China had not collapsed, while China’s Foreign Ministry spokesman said the two sides had agreed to continue pursuing relevant discussions.
In another sign trade tensions are hurting the economic outlook, Germany’s ZEW institute said investors’ mood had deteriorated unexpectedly in May.
how close were we to full discloser last night and what do we really know
i started woundering do i take my wealth with me maybe i take my power with me i might need it in the after life
OK guys now sell! .......There you go.
It’s pathetic how word be manipulated by one person... it’s much easier nowadays
As usual Australia is once again directly or indirectly involved in a USA War this time a TradeWar! At a time when the outlook for the🌐economy is gloomy 😔we should be making friends with the soon to be 🌐’s largest economy! They who make everything have everything 🌊💫🎚.
Better headline: president walks back harsh trade talk after markets tumble
I think Trump does this tariff waggle because A. he loves his power and B. he doesn't really understand what a tariff is.
Trump is killing the farmers business & drags the rest of Americans into his losing dumbass plan by giving billions in welfare to farmers to make up. If farmers want to stick w/Trump then they should feel the affects of his backward policy. TPP (w/allies) was working with China.
....and someone, somewhere, made a profit.....
Manipulating the market for his own personal gain. Lock him up!
The problem is, China does not view this as just a little squabble.
You mean they believed his BS?
People really overreacted yesterday.