Most global stock indices rebounded after two days of losses (只備英文版)
US stocks were mixed Wednesday led by technology and media companies as some of the fears regarding a trade war between the US and China abated. Investors are favoring companies that they think are less vulnerable to tariffs. The S&P advanced 0.2 percent and the Nasdaq added 0.7 percent to close at another record high. However, the Dow Jones industrials were down 0.2 percent.
Shares tumbled globally for a second day (只備英文版)
US stocks followed European and Asian stocks lower Tuesday as the US/China trade dispute escalated and in the process, weighed on shares and commodity prices. Late Monday, President Donald Trump threatened China with a further $200 billion in import tariffs if it did not drop plans to retaliate against US duties on imports that were revealed by the White House at the end of last week. The Dow Jones industrials were down 1.15 percent, the S&P retreated 0.4 percent and the Nasdaq slid 0.3 percent. The Dow is now negative for the year.