Tuesday, May 14, 2019

Escalating US-China trade war sinks stocks

US stocks moved sharply lower on Monday on Wall Street with technology stocks bearing heaviest losses; Apple fell 5.7% and Cisco- 3.6%. Investor confidence that US-China were close to a resolution pushed the market to its best yearly start in decades. But now the concern that the trade war could stunt an already slow and fragile economic growth, has taken over.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JBhv89

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