I expected markets to plunge even MORE says Trump amid another massive Wall Street sell off

Stocks recover after early skid saw Dow plunge 580 points amid ongoing China-US trade war as analysts predict a ‘Lehman brothers’ style collapse could occurUS stocks saw a dramatic recovery Wednesday afternoon as investors shook off early jitters that had briefly pulled the Dow down more than 580 points Panic had been rife throughout Wall Street over the on-going trade war between China and the US and the part that may play in derailing global economic growth By midday, the Dow clawed back some deficit but the market remains 362 points down. S&P registered a loss of 33 points and Nasdaq was down 63-pointsThe selling began to lose momentum by mid-afternoon and investment into technology and consumer staples stocks powered much of the gains Earlier in the week, Beijing let the yuan breach that 7-per-dollar level for the first time in 11 years, shortly after President Trump threatened to impose more tariffsThe modest adjustment in global exchange rates appeared to have a seismic effect on Wall Street, prompting an anguished response from TrumpDespite the yaun stabilization, investors were still provided with a nail-biting preview of what an escalating trade war might entail 

US stocks saw a dramatic recovery Wednesday afternoon as investors shook off early jitters that had briefly pulled the Dow Jones Industrial Average down more than 580 points.  

Panic had been rife throughout Wall Street over the on-going trade war between China and the US and the part that may play in derailing global economic growth.

Investors reacted as they have in recent days: selling stocks and shifting money into more stable investments such as bonds, gold and other safe-haven holdings. 

Bond yields also sank around

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