Markets set for another volatile week going into US Thanksgiving holiday
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
US stocks fell last week as developments in trade negotiations and Brexit caused violent swings in both directions.
Ahead of the Thanksgiving holiday, investors will remain focused on the smoke signals from Washington and Beijing. The stock market is jumpier than ever, plunging into despair and leaping for joy at every dispatch, no matter how vague, from the trade war.
The Dow Jones Industrial Average was teetering on the edge of annual losses on Tuesday, trading below 25,000, when a report emerged that Treasury Secretary Steven Mnuchin had reopened negotiations with Chinese Vice-Premier Liu He. The Dow finished the week more than 3 per cent in the green for 2018.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
