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Stocks Drop as China Vows Tariff Countermeasures: Markets Wrap

  • Source: swissinfo.ch - - Read: 0



    A pedestrian using his smartphone walks past an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Aug. 30, 2018. Japan's Topix index closed lower after fluctuating as investors assessed trade frictions and geopolitical risks. Photographer: Kiyoshi Ota/Bloomberg


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    U.S. stocks finished the day higher after getting whipsawed throughout the session as Treasury yields plummeted to levels unseen in years amid concerns about the prospect of a global recession.

    The S&P 500 swung more than 1% from its high to low for a 12th straight day in volume more than a third above its 30-day average before finally ending the day up. Treasuries also ...



    Read Full News: https://www.swissinfo.ch/eng/stock-rout-to-spread-to-asia-amid-economic-worries--markets-wrap/45162238

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