Stock Market Volatile On Inverted Yield Curve, China Trade News; Walmart, Macy's, Cisco, GE, Alibaba Are Key Movers
The stock market fell in volatile fashion amid China trade news and the first inverted yield curve since 2007. Walmart, Cisco, Macy's, GE were big movers.
Aug 16, 2019 20:03 UTC Read More
US-China trade war sinks bourse further
The stock market dropped for the second straight day on Friday following a development in the ongoing trade war between the United States and China.
Aug 16, 2019 16:47 UTC Read More
U.S.-China trade war hits Cisco, CEO Chuck Robbins tells investors
Cisco Systems Inc. CEO Chuck Robbins told investors this week that the U.S.-China trade war has been hitting home: Chinese state-owned businesses have…
Aug 16, 2019 14:41 UTC Read More
European stocks advanced Friday as relief from the U.S.-China trade war sent investors back into equities to close a wild week.
European stocks advanced Friday as relief from the U.S.-China trade war sent investors back into equities to close a wild week. Without much in the way of *fresh*…
Aug 16, 2019 13:11 UTC Read More
Deere trims earnings forecast on U.S.-China trade war woes
The trade war has dented the demand for Deere & Co. farm machines, forcing the company to revise down its full-year profit and sales growth forecasts.
Aug 16, 2019 12:19 UTC Read More
Asian shares mixed amid concern about US-China trade
Sentiment got a lift when Beijing announced a future roll out of a plan to boost disposable income.
Aug 16, 2019 06:43 UTC Read More
Asia stocks mixed as investors watch US Treasury yields
Stocks in Asia were mixed on Friday as investors watched yields on longer duration U.S. Treasurys as well as for developments on the U.S.-China trade front.
Aug 15, 2019 23:29 UTC Read More
Walmart dismisses US-China trade war concerns by raising outlook
Walmart has shrugged off concerns surrounding the US-China trade war by posting strong second-quarter results and raising its earnings expectations for the…
Aug 15, 2019 22:07 UTC Read More
The US-China trade war isn't stopping Americans from shopping — yet
Good news: U.S. consumer confidence is strong. The Commerce Department says retail sales rose in the month of July to a positive 0.7%, after a 0.3% gain in…
Aug 15, 2019 20:13 UTC Read More
Trump’s stance on Hong Kong shows his focus on China trade
WASHINGTON (AP) — Rather than speak up strongly for the Hong Kong protesters, President Donald Trump on Thursday suggested the answer to their…
Aug 15, 2019 19:37 UTC Read More
Asian shares mixed amid ongoing worries about US-China trade
TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. Japan's…
Aug 15, 2019 14:27 UTC Read More
Maersk: Impact from US-China trade spat ‘quite manageable’
The CEO of Maersk says the impact from the U.S.-China tariffs and trade tensions on global trade has been quite manageable."
Aug 15, 2019 13:05 UTC Read More
#TrumpSlump Trends on Twitter as Stock Markets Fall Amid Escalating China Trade War
As the leading U.S. stock markets dropped and signs pointed to a recession, #TrumpSlump trended on Twitter.
Aug 15, 2019 12:49 UTC Read More
Alibaba earnings show Chinese consumers are still shopping despite trade war
The Chinese consumer is still spending, despite concerns about a trade war-induced economic slowdown. Online retail giant Alibaba reported a more than 40%…
Aug 15, 2019 12:20 UTC Read More
UPDATE 2-FTSE 100 plunges to 6-month low on China's trade threat
London's FTSE 100 tumbled to a six-month low as China's warning to counter the latest U.S. tariffs fanned trade tensions, while the more domestically focused…
Aug 15, 2019 08:20 UTC Read More
Oil deepens slide on recession fears, China's trade threats
Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S.…
Aug 15, 2019 01:00 UTC Read More
China's trade threats deal fresh blow to world stocks
LONDON (Reuters) - China's threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier…
Aug 15, 2019 00:37 UTC Read More
Asia stocks mixed as bond markets signal recession warning
Shares in Asia were mixed on Thursday as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy.
Aug 14, 2019 23:27 UTC Read More
Retailers wrestle with a volatile trade policy with China
NEW YORK (AP) — Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American…
Aug 14, 2019 21:15 UTC Read More
AirPods, Apple Watch Will Be Hit With China Trade Tariffs in September
China-made technology continues to be hit with trade tariffs, and wearables, including Apple's AirPods and its Apple Watch, are next.
Aug 14, 2019 18:37 UTC Read More
Trump ties China trade deal to 'humane' Hong Kong resolution after troop buildup worry
President Donald Trump on Wednesday tied a U.S. trade deal with China to humane resolution of the weeks of protests wracking Hong Kong, hours after the…
Aug 14, 2019 16:17 UTC Read More
Beverly Hills Suffers Shopping Slump Amid Trump-China Trade War
The president's visa policies on Gulf nations are also taking a toll — “maybe 30 percent,” “maybe 40 percent” — on the tony retail zone.
Aug 14, 2019 13:45 UTC Read More
Honolulu inflation mild despite China trade war
Inflation in Honolulu remained mild in recent months despite effects from the U.S.-Chinese trade war, which caused apparel costs in Honolulu to skyrocket.
Aug 14, 2019 10:06 UTC Read More
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