US stocks swung back to gains before the bell on Friday, eyeing a comeback bid after China hit the US with a retaliatory tariff hike but signaled it won’t hike duties any further. Futures tied to the S&P 500 (ES=F) rose 0.6%, and the tech-heavy Nasdaq (NQ=F) was up 0.7%. Dow Jones Industrial Average futures
US stocks fell before the bell on Friday, abandoning an earlier comeback bid after China struck back at President Trump’s trade offensive by hiking its US tariff rate, further stoking fears of direct trade war. Futures tied to the S&P 500 (ES=F) and the tech-heavy Nasdaq (NQ=F) were both down 0.4%. Dow Jones Industrial Average
President Donald Trump has taken a different approach to the stock market during his second term in office. Namely: he appears to have outsourced the responsibility. And after a sharp sell-off across the stock market on Monday saw post-election gains across the major indexes and several key tech stocks that have powered the market wiped
(Bloomberg) — Stocks in Asia rallied on bets that the upcoming US consumer price report will allow the Federal Reserve to start easing in September. The New Zealand dollar slumped following a surprise rate cut by the country’s central bank. Most Read from Bloomberg The MSCI Asia Pacific Index climbed for a fourth session, with