Global stock indices rebounded as concerns about tariffs lessened (只備英文版)
US stock indices rallied Thursday as investors remain optimistic even though much of the market has been shaken by fears about the trade war with China. The Dow Jones industrials and S&P both added 0.9 percent while Nasdaq jumped 1.4 percent.
Global stocks reversed direction and declined on heightened tariff concerns (只備英文版)
US stocks followed those in Europe and Asia downward and snapped their four day climb. The Dow Jones industrials tumbled 0.9 percent, the S&P retreated 0.7 percent and the Nasdaq was 0.5 percent lower. Metals prices slumped as the US threatened tariffs on an additional $200 billion worth of Chinese goods. President Donald Trump’s threat overnight of 10 percent tariffs on another $200 billion of Chinese goods dampened hopes that Washington would eventually step back from the escalating row.