Trade tensions and inflation concerns drive chaotic stock market week
- U.S. Stocks jumped Friday on Wall Street after a week of chaotic trading sessions.
- Trade tensions escalated as China boosted tariffs on U.S. Products as a reciprocal measure.
- Major indexes saw wild swings; the Dow shifted from a loss to a substantial gain.
- A Finance Ministry spokesman called tariff increases a 'numbers game' with 'no economic impact'.
- Uncertainty from the trade war erodes consumer confidence, potentially harming economic growth.
20 Articles
20 Articles
US Stocks Jump, Bond Market Swings to Cap Wall Street's Chaotic, Historic Week
Get latest articles and stories on World at LatestLY. US stocks jumped Friday in another manic day on Wall Street, while the falling value of the US dollar and other swings in financial markets suggested fear is still high about escalations in President Donald Trump's trade war with China. World News | US Stocks Jump, Bond Market Swings to Cap Wall Street's Chaotic, Historic Week.
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