Markets Edgy As Trade War Picks Up Steam
- 6 years ago
President Trump's legal woes and escalating trade tensions are rattled already edgy markets.
According to Business Insider, all three major US indices slumped Thursday.
The fall comes one day after the S&P 500 set a record for its longest bull run in history,.
The Trump administration enacted tariffs on an additional $16 billion worth of Chinese goods.
The move prompted an in-kind response from Beijing.
The countries are in their second day of mid-level trade talks. Little progress is expected.
According to Business Insider, all three major US indices slumped Thursday.
The fall comes one day after the S&P 500 set a record for its longest bull run in history,.
The Trump administration enacted tariffs on an additional $16 billion worth of Chinese goods.
The move prompted an in-kind response from Beijing.
The countries are in their second day of mid-level trade talks. Little progress is expected.