Stocks Extend Slide, Oil Slumps on Trade-War Angst: Markets Wrap - Bloomberg

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Stocks Extend Slide, Oil Slumps on Trade-War Angst: Markets Wrap  Bloomberg

Stocks declined in Europe alongside S&P 500 futures as the latest salvos in the China-U.S. trade war renewed jitters in global markets. Havens were in demand, with 10-year Treasuries and gold advancing. Declines in carmakers and tech firms pulled down the Stoxx Europe 600 Index. In Asia, shares traded mostly lower after China extended retaliatory tariffs to cover more than two-thirds of imports from the U.S. on Saturday. With Beijing also reportedly preparing to warn on the risk of studying in America, Treasury 10-year yields fell to the lowest in almost 21 months, and JPMorgan Chase & Co. ...

https://www.bloomberg.com/news/articles/2019-06-02/asia-stocks-face-more-pressure-on-trade-war-angst-markets-wrap

2019-06-03 08:46:03Z
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