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Trump-Xi meeting puts stock market on edge
Trade tensions that have clouded Wall Street's outlook for more than eight months will come to a head this weekend at a global political summit, with investors bracing for a range of outcomes that stand to influence stocks for the rest of the year. At the G20 summit on Saturday, U.S. President Donald Trump and his Chinese counterpart Xi Jinping are expected to talk, in what some see as the most important meeting in years between the leaders of the world's two largest economies. Trump has imposed tariffs on $250 billion worth of Chinese imports and threatened even more, and investors are concerned that an escalation of tit-for-tat measures will crimp economic and corporate profit growth.
https://finance.yahoo.com/news/trump-xi-meeting-puts-stock-093017331.html?.tsrc=rss
Trade tensions that have clouded Wall Street's outlook for more than eight months will come to a head this weekend at a global political summit, with investors bracing for a range of outcomes that stand to influence stocks for the rest of the year. At the G20 summit on Saturday, U.S. President Donald Trump and his Chinese counterpart Xi Jinping are expected to talk, in what some see as the most important meeting in years between the leaders of the world's two largest economies. Trump has imposed tariffs on $250 billion worth of Chinese imports and threatened even more, and investors are concerned that an escalation of tit-for-tat measures will crimp economic and corporate profit growth.
https://finance.yahoo.com/news/trump-xi-meeting-puts-stock-093017331.html?.tsrc=rss
