NewsFeeder
Headline News
- Reaction score
- 3
GLOBAL MARKETS-Stocks, yields tumble as trade frictions unnerve traders
A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and German debt were near or at multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs. The moves followed a sharp Wall Street selloff triggered by U.S. President Donald Trump's threat Thursday to impose a 10% tariff on $300 billion worth of Chinese imports. Analysts have said retaliatory options include tariffs, a ban on export of rare earths used in everything from military equipment to consumer electronics, and penalties against U.S. companies in China.
https://finance.yahoo.com/news/global-markets-stocks-yields-tumble-205937884.html?.tsrc=rss
A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and German debt were near or at multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs. The moves followed a sharp Wall Street selloff triggered by U.S. President Donald Trump's threat Thursday to impose a 10% tariff on $300 billion worth of Chinese imports. Analysts have said retaliatory options include tariffs, a ban on export of rare earths used in everything from military equipment to consumer electronics, and penalties against U.S. companies in China.
https://finance.yahoo.com/news/global-markets-stocks-yields-tumble-205937884.html?.tsrc=rss
