Stocks Drop as China Vows Tariff Countermeasures: Markets Wrap
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
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
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 ...