Reported 3 days ago
Global markets experienced a tumultuous week due to escalating U.S.-China trade tensions and legal disputes over tariffs. Despite concerns over a potential slowdown in U.S. growth and investor apprehension regarding a new tax potentially affecting foreign investment, U.S. Treasury prices rebounded after a month of declines, buoyed by a cooling inflation rate. While major indices like the S&P 500 are nearing record highs, the uncertainty surrounding tariff developments continues to keep traders on edge, with the Federal Reserve remaining cautious about any interest rate changes.
Source: YAHOO