US Edition
US Stocks Waver as Trade Tensions with China Flare up Again
- On Oct. 14, U.S. stocks plunged, with the Dow Jones Industrial Average falling 510 points and U.S. stock futures opening sharply lower after an overnight escalation.
- China's Commerce Ministry announced the ban on dealings with five subsidiaries of Hanwha Ocean, and tit-for-tat port fees between the U.S. and China went into effect Tuesday.
- By early trading, CME Dow mini futures were down about 208 points, the Nasdaq Composite fell 1.9%, and Nasdaq futures tumbled 1.3% as tech shares remained volatile.
- Safe-Haven assets rallied as gold hit a record above $4,100/oz despite mostly strong results from JPMorgan Chase and Wells Fargo beating estimates.
- With a partial U.S. government shutdown delaying data, investors watch Federal Reserve Chair Jerome Powell's Oct. 14 speech and recent Fed minutes, keeping a risk premium embedded.
61 Articles
61 Articles
Washington Top News
US stocks waver as trade tensions with China flare up again
NEW YORK (AP) — Stocks recovered from an early slump and gained ground on Wall Street Tuesday as investors brushed off escalating trade tensions between the U.S. and China. The S&P 500 rose 0.2% in afternoon trading after slumping as much as 1.5% earlier. Big technology stocks with outsized values initially pushed the index down, but broader gains from other sectors eventually countered that weight. The Dow Jones Industrial Average rose 366 poin…
Bessent Warns China is 'Financing War’ Amid Trade Standoff
U.S. Treasury Secretary Scott Bessent issued one of the Trump administration’s sharpest rebukes of Beijing to date, warning Monday that China is financing war and is threatening global stability amid growing U.S.-China trade tensions. “The United States is pushing for peace in the world. China is financing war,” Bessent said on Mornings with Maria. The secretary accused Beijing of “provocative” behavior as both nations prepare for a potential me…
Herald Bulletin
US stocks slip as trade tensions with China flare up again
Stocks slumped on Wall Street as trade tensions escalate again with China. The S&P 500 fell 1% Tuesday. The index is coming off its best day since May. The Dow Jones Industrial Average lost 383 points, or 0.8%, and the…
US stocks open lower as trade tensions with China flare up again (Business)
Stocks are opening lower on Wall Street as trade tensions escalate again with China. The S&P 500 fell 1.3% in early trading Tuesday. The index is coming off its best day since May. The Dow Jones Industrial Average lost 494 points, or 1.1%, and the Nasdaq composite dropped 1.9%. China's Commerce ...
Oskaloosa Herald
US stocks open lower as trade tensions with China flare up again
Stocks are opening lower on Wall Street as trade tensions escalate again with China. The S&P 500 fell 1.3% in early trading Tuesday. The index is coming off its best day since May. The Dow Jones Industrial Average lost 494…
The futures of US shares fell sharply this Tuesday, quickly dissipating Monday's strong rebound.The cause was a new escalation in China's trade dispute with the United States, which made investors nervous just as the big Wall Street banks were starting the third quarter profit season.The futures of the Dow Jones Industrial Average (YM=F) dropped by approximately 0.8%, while those of the S&P 500 (ES=F) fell by 1%. Nasdaq 100 (NQ=F), with a strong…
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