April 27, 202508:20:55 AM

Stocks, oil prices slide on trade war worries

Stocks, oil prices slide on trade war worriesBy Hilary Russ NEW YORK (Reuters) - Concerns about an escalating U.S.-China trade war made markets topsy-turvy on Wednesday, with U.S. stocks breaking a four-session winning streak and Brent crude prices seeing their biggest one-day drop in two years. Metal prices also slumped after U.S. President Donald Trump's threat overnight of 10 percent tariffs on another $200 billion of Chinese goods dampened hopes that Washington will eventually step back from the escalating row. Trump has said he may ultimately target more than $500 billion worth of Chinese goods - roughly the total amount of U.S. imports from China last year.




from Yahoo News - Latest News & Headlines https://yhoo.it/2Jj5kJs
via Yahoo News

Post a Comment

Post a Comment

Emoticon
:) :)) ;(( :-) =)) ;( ;-( :d :-d @-) :p :o :>) (o) [-( :-? (p) :-s (m) 8-) :-t :-b b-( :-# =p~ $-) (b) (f) x-) (k) (h) (c) cheer
Click to see the code!
To insert emoticon you must added at least one space before the code.

Author Name

Contact Form

Name

Email *

Message *

Powered by Blogger.