India  
NewsR.in
> >

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

SeattlePI.com Thursday, 6 December 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 tensions between the U.S. and China. Oil prices fell sharply as traders appeared to doubt that an expected production cut by OPEC will be enough to boost the price of crude. Traders continued to shovel money into bonds, a signal that they see weakness in the economy ahead. The yield on the 10-year Treasury note fell to 2.86 percent from 2.92 percent on Tuesday, a large move. U.S.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: OPEC's Problems

▶ OPEC's Problems 00:35

According to Reuters, Iranian Oil Minister Bijan Zanganeh said on Tuesday that OPEC has problems with some oil producers, and the reasons for Qatar’s exit from the organization must be examined. Qatar said on Monday it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader...

Recent related videos from verified sources

World Stocks Hit High Mark [Video]World Stocks Hit High Mark 00:34

TOKYO (Reuters) - Asian stocks advanced on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. FILE PHOTO: A man is..

Credit: Wochit - Published

Companies Call For Substantive Solution to Trade Tensions [Video]Companies Call For Substantive Solution to Trade Tensions 02:01

As the trade war looks as though it can end imminently, the debate over sentiment versus substance is still raging. Stocks surged Thursday, Jan. 17 after the Wall Street Journal reported that the U.S...

Credit: The Street - Published

Wall Street rallies on trade hopes [Video]Wall Street rallies on trade hopes 01:11

U.S. stocks advanced on Thursday as hopes of a resolution to the trade dispute between the United States and China boosted industrial shares and lifted investor sentiment. Fred Katayama reports.

Credit: Reuters Studio - Published

In Case you Missed it: Stocks' Wild Ride, Trade, Huawei, Netflix Earnings [Video]In Case you Missed it: Stocks' Wild Ride, Trade, Huawei, Netflix Earnings 01:49

There was a lot to unpack Thursday. Stocks Thursday Morning Stocks were seesawing Thursday morning, staying largely flat in the morning and early afternoon. This came after two pieces of bad news:..

Credit: The Street - Published

Trade Complications Slow Stock Markets [Video]Trade Complications Slow Stock Markets 00:39

Global stock markets were sliding Thursday as fears about a fresh deterioration in US-China relations spooked investors and sparked selling across the world. Fears come after it was reported that that..

Credit: Wochit - Published

World stocks climb; sterling steady ahead of May vote [Video]World stocks climb; sterling steady ahead of May vote 00:44

According to Reuters, Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound was steady ahead of a no-confidence..

Credit: Wochit News - Published

Striking Options: Global Crude Demand and Trade Tariffs [Video]Striking Options: Global Crude Demand and Trade Tariffs 04:24

Jeff Kilburg, CEO of KKM Financial and Bob Iaccino, Chief Market Strategist for Path Trading Partners discuss if crude oil is a new proxy for U.S. equities.

Credit: The Street - Published

Wall Street Opens Lower Amid U.S. China Trade Deal Concerns [Video]Wall Street Opens Lower Amid U.S. China Trade Deal Concerns 00:38

Reuters reports that U.S. stocks opened lower on Monday following an unexpected fall in revenue by Citigroup. The decline adds to fears of a more drastic slowdown in global economic growth that..

Credit: Wochit - Published


Recent related news from verified sources

World stocks near four-week high on U.S.-China trade optimism, oil climbs

World stocks extend their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching towards...
Reuters India - BusinessAlso reported by •Reuters

Stocks buoyed by trade hopes, set for best weekly winning streak in half a year

Global stocks rose to their highest in more than a month on Friday after a report suggested progress towards resolving the trade dispute between the United...
Reuters - Front PageAlso reported by •Reuters India

Oil falls 1 percent on swelling U.S. supply, concerns on U.S.-China trade talks

Oil prices fell by about 1 percent on Thursday on swelling U.S. supply and amid a cautious reaction to trade talks between the United States and China, the...
Reuters India - Business

Global Stocks: New year stocks rally stalls as trade talks and data disappoint

The early-year rally in world stocks ran out of steam in Europe on Thursday and the dollar touched a near-three-month low, as mixed signals from U.S.-China trade...
Reuters India - Business

You Might Like


Tweets about this

ARPSolo

Pier Antonio Rondin Winning the trade war with China one negative Dow Jones point at a time. https://t.co/xiHlbvj4Qh 6 days ago

Yasser_Ghorayeb

Yasser Ghorayeb #Tesla #shares tumble after lackluster delivery numbers #FED #Interest #Rate #Stocks #Markets #WTI #TAX #OPIC #DOW… https://t.co/Ia4Md2o9iA 6 days ago

Brucebarclay

Bruce Barclay RT @Moneyweb: The rand weakens more than 1% on Wednesday as weak Chinese manufacturing data offset hopes that a trade war between China and… 6 days ago

Moneyweb

Moneyweb News The rand weakens more than 1% on Wednesday as weak Chinese manufacturing data offset hopes that a trade war between… https://t.co/DeT8Z9VzUL 6 days ago

BulldogChloe

Chloe the Bulldog .@realDonaldTrump Mr. President, there appears to be another glitch because of the trade war with China. $AAPL Ap… https://t.co/JarwWyCRUv 6 days ago

jjeffrey31

Jonathan Jeffrey China will face pressure regardless of trade deal. W/o deal: Stocks will tumble further especially due to increase… https://t.co/AvSDto0b6I 1 week ago


Other recent news in Business

SUN PHARMA asks SEBI to examine media reportEU gives conditional approval to BASF acquisition of Solvay nylon BUSINESS
AUSTRALIAN OPEN: Federer breezes past Fritz to enter pre-quarters roundChinese drone maker DJI expects $150 MILLION loss due to corruption - report
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest