Wall Street, US debt and Bond Market
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Investors are worried about the ongoing trade war — and rethinking the safety and soundness of U.S. government debt.
1don MSN
"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert Edwards wrote Thursday.
Stocks have rallied this week after the U.S. and China agreed on a 90-day pause for most of their punishingly high tariffs
U.S. stocks rose again to close out their winning week. The S&P 500 climbed 0.7% Friday for a fifth straight gain and pulled within 3% of its record set in February.
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
NEW YORK — (AP) — Wall Street is heading toward the finish of a strong week on Friday as U.S. stocks drift close to the all-time high they set just a few months earlier, though it may feel like an economic era ago.
Wall Street has tumbled after Donald Trump proposed steep new tariffs on the EU and Apple. The tariff warnings have rattled markets and raised fresh concerns about trade instability. Follow DW for the latest.