The U.S stocks managed to close up last Friday after overcoming a deficit of more than 350 points with the Dow Jones rising 114.01 points, or 0.4%, to end at 25,942.37. This claw back from earlier lows still did not help S&P 500 and Nasdaq close the worst week for the year losing 2.2% and 3% respectively. The stock’s rally this year is at a turning point as the impetus provided by the dovish FOMC is at a danger of being offset by the renewed trade tensions between U.S and China. The downturn in the stocks was triggered earlier this…...
The Re-escalation of Trade war & its implications
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