Trade War, Wall Street, Germany

Trade War, Wall Street

Recession fears hit Wall Street after grim China, German data

Recession fears hit Wall Street after grim China, German data

14.8.2019

Recession fears hit Wall Street after grim China, German data

Wall Street was set to open lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S.

Futures pointed to a drop of about 1per cent at the open on Wednesday.

Tariff sensitive chipmaker, which staged a comeback a day earlier, were also down. Micron Technology Inc , Broadcom Inc and Nvidia Corp among others slipped more than 1per cent.

Read more: CNA
Breaking News
Latest news right now

Wall Street set to open lower as trade war stokes fears of recessionU.S. stock index futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China ...

Wall Street jumps after US to delay some China tariffsU.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell ...

Stories
Top news stories of the day

Wall Street set to open lower amid geopolitical tensions, trade worriesREUTERS: Wall Street was set to open lower on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering ...

Apple leads Wall Street rally as US delays on tariffsU.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell ...

Stories
Top news stories of the day

Wall Street rebounds as tariff delay prompts rallyU.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell ...

US: Tech leads Wall Street higher as tariff delay sparks rally[NEW YORK] US stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally. Read more at The Business Times.

Write Comment

Thank you for your comment.
Please try again later.

Latest News

    News

    14 August 2019, Wednesday News

    Previous news

    Pakistan vows to respond to any Indian aggression in Kashmir

    Next news

    Cathay Pacific fires two pilots over Hong Kong protests
    Pakistan vows to respond to any Indian aggression in Kashmir Cathay Pacific fires two pilots over Hong Kong protests