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Wall Street Slips Amid Trade Tensions, Fueling Global Economic Slowdown Fears

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According to Reuters, The S&P 500 and the Nasdaq fell to their two-month lows on Wednesday after China signaled readiness to escalate the trade war with the United States, triggering fears of a long, drawn-out dispute that could weigh on global growth. Chinese newspapers warned that Beijing is ready to use rare earths, a group of 17 chemical elements used in everything from high-tech consumer electronics to military equipment, to strike back at the United States.

Added on the 29/05/2019 10:48:46 - Copyright : Wochit

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