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Markets Right Now: Stocks, yields sink again on Wall Street

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NEW: Stocks are falling sharply on Wall Street again, extending a week of volatility amid rising U.S.-China trade tensions.

Stocks are falling sharply on Wall Street again as fearful investors dumped stocks and shoveled money into bonds.Bond prices continued to rise sharply, sending yields to their lowest level in nearly three years. The yield on the 10-year yield dropped to 1.62% from 1.74% late Tuesday, a large move.

Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. China allowed its currency to weaken after the U.S. said it would raise more tariffs on Chinese goods.The S&P 500 fell 49 points, or 1.7%, to 2,832. The Nasdaq fell 118 points, or 1.5%, to 7,714.Stocks are sinking on Wall Street again as fearful investors dumped stocks and shoveled money into bonds.

Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. Bond prices continued to rise sharply Wednesday, sending yields to their lowest level in nearly three years. Disney dropped 6.7% after reporting results that fell far short analysts' forecasts. The media giant said its newly acquired Fox entertainment businesses did poorly.The Dow Jones Industrial Average dropped 409 points, or 1.6%, to 25,611. The Nasdaq fell 104 points, or 1.3%, to 7,730.

 

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I hope trump trashes the economy. That will be the only way his koolaid followers will wake up....maybe

‘Trade wars are good and easy to win’ - Donald Trump

Another Trump failure. His tarrifs on the world is about to implode. Can you say world recession? And it's Trump's fault.

Yep anyone remember 24 hours ago when the Trump Administration declared success in the fight with China?.

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Markets Right Now: Stocks, yields sink again on Wall StreetStocks fall sharply on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. It's funny how Trump haters point the finger at him when the market is doing poorly but dismiss his efforts when it's doing well. lol, everything falls apart Better to be safe than sorry, right? 🙂
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Stocks plunge on Wall Street as US-China trade war escalatesNEW YORK (AP) — Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump's escalating trade war with China will damage the economy. Major U.S. indexes are headed... Thanks Obama! Trade wars are good and easy to win Trump better watch his moves. The economy is the one thing that may save him next year. If that goes in the tank, he’s toast.
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European stocks set for higher open as fragile calm returns to marketsEuropean stocks are set for a mixed open on Wednesday, after China's central bank set its currency slightly weaker than expected amid ongoing escalation of its trade war with the U.S.
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