By Hilary Russ NEW YORK (Reuters) – Concerns about an escalating U.S.-China trade war made markets topsy-turvy on Wednesday, with U.S. stocks breaking a four-session winning streak and Brent crude prices seeing their biggest one-day drop in two years. Metal prices also slumped after U.S. President Donald Trump’s threat overnight of 10 percent tariffs on another $200 billion of Chinese goods dampened hopes that Washington will eventually step back from the escalating row. Trump has said he may ultimately target more than $500 billion worth of Chinese goods – roughly the total amount of U.S. imports from China last year.
16 August, 2018 US stocks climb ahead of China trade talks; Walmart surges NEW YORK (AP) — U.S. stocks are surging Thursday as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them. Walmart is surging after the retailer said its sales ...
26 June, 2017 Mystery of missing Chinese scholar shakes up Illinois school CHICAGO (AP) â€” Yingying Zhang, the daughter of a working-class factory driver from China, took the same career path as many other young Chinese academics before her: She travelled to a university in the U.S. with dreams of one day landing a professorship and being able […]
21 May, 2015 US stock indexes edge higher as energy stocks gain NEW YORK (AP) — U.S. stocks rose Thursday as the price of oil climbed, boosting energy stocks. Among individual stocks, Salesforce.com and Best Buy were among the biggest gainers after reporting earnings that exceeded the forecasts of Wall Street analysts.