NewsFeeder
07-07-2018, 01:53 AM
Analysis: Trade worries fester, even as Wall Street shrugs off latest tariffs
Wall Street has taken the China-U.S. tariffs enacted on Friday in stride so far, but investors are on alert for a ramp-up in the trade conflict. Stock investors had been bracing for weeks for Washington and Beijing to place the tariffs on $34 billion of each other's goods, and share prices were occasionally hurt by escalations in rhetoric along the way, with certain sectors taking a bigger hit than others as traders avoided companies seen taking the heaviest blows. Another round of sweeping tariffs could knock Wall Street off track.
https://finance.yahoo.com/news/analysis-trade-worries-fester-even-044509855.html?.tsrc=rss
Wall Street has taken the China-U.S. tariffs enacted on Friday in stride so far, but investors are on alert for a ramp-up in the trade conflict. Stock investors had been bracing for weeks for Washington and Beijing to place the tariffs on $34 billion of each other's goods, and share prices were occasionally hurt by escalations in rhetoric along the way, with certain sectors taking a bigger hit than others as traders avoided companies seen taking the heaviest blows. Another round of sweeping tariffs could knock Wall Street off track.
https://finance.yahoo.com/news/analysis-trade-worries-fester-even-044509855.html?.tsrc=rss