Wall Street retreats amid trade tensions

Wall Street retreats amid trade tensions

US stocks have dropped as signs of deteriorating trade relations between the United States and China added to economic worries due to the coronavirus pandemic. US President Donald Trump’s administration moved to block semiconductor shipments to Huawei...
Wall Street retreats amid trade tensions

Wall St drops on US-China trade comments

Wall Street’s main indexes have fallen, extending declines for the third straight session, as comments from President Donald Trump renewed worries over China-US trade relations and added to concerns of a prolonged economic downturn. Trump said he was very...
Wall Street retreats amid trade tensions

Wall St dips on risks linked to reopening

The S&P 500 has slipped in choppy trading as the risks of reopening the economy too soon overshadowed hopes of a jump-start to battered global markets, following an easing of virus-led business shutdowns. Among the 11 major sectors, financial stocks, which...
Wall Street retreats amid trade tensions

Wall St up as job losses fewer than feared

Major US stock indexes have jumped and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared. All 11 S&P 500 sectors were positive on Friday, led by the beaten-up energy group....
Wall Street retreats amid trade tensions

Wall St rises on easing China-US tensions

US stock markets have gained after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism from an easing in friction between officials in Washington DC and Beijing. All the 11 S&P sectors were trading higher,...