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US stocks tumble on US-China trade jitters, oil price slide

Credit: Seattle Times- Published on December 6, 2018
U.S. stocks tumbled in early trading Thursday following a sell-off in overseas markets, knocking more than 450 points off the Dow Jones Industrials Average. The broad market decline came as the arrest of a senior Chinese technology executive overshadowed some positive comments on trade from Beijing, threatening to worsen trade...
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Credit: Wochit Business
Published on December 3, 2018 -  00:37
Trade Truce At G20 Summit Prompts Stock Rally
According to Reuters, trade-sensitive stocks pushed the markets on Wall Street higher. Over the weekend, US President Donald Trump and Chinese President Xi Jinping announced a truce over trade tensions and tariffs. The agreement between Washington and Beijing was made at the G20 summit in Argentina, when the two world leaders met in person. The temporary trade detente will last for at least 90-days, leading investors back to technology and industrial stocks.

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