US EditionWall Street, other markets hold steady as US, China prepare to meet on trade
- U.S. And Chinese officials will meet in Switzerland on Saturday for the first trade talks since President Trump started the escalating trade war.
- The talks follow months of tariffs imposed by Trump, which have caused significant trade disruptions and fears of a recession among investors and economists.
- Wall Street showed modest gains Friday as the S&P 500 rose 0.4%, the Dow increased 127 points, and the Nasdaq climbed 0.7%, amid anticipation for the trade meeting.
- Trump suggested lowering tariffs on Chinese imports from 145% to 80%, but experts say even that level remains high and may not prevent recession risks.
- The trade talks and tariff discussions imply possible easing of tensions, though market reactions remain cautious amid uneven global export and travel demand trends.
75 Articles
75 Articles
Stock markets hold steady ahead of US-China trade talks
NEW YORK — US stocks drifted through a quiet Friday as Wall Street and other markets closed an unusually calm week. The S&P 500 slipped 0.1 percent percent to finish the week with a modest dip of 0.5 percent. It’s the first week in seven where the index at the heart of many 401(k) accounts
The Tale of the Tariffs: Goodbye Britain, Hello China - Liberty Nation News
By Andrew Moran Could stability be returning to global financial markets? It was a quiet week on Wall Street as investors combed through the latest trade developments and concluded the frenzy caused by tariffs could fade to black. The US-UK trade agreement was ostensibly a blueprint for future deals with major US trading partners, striking a goldilocks zone […]
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