Wild swings likely to continue this week
Developments on presidential scandals, US trade policy and North Korea summit will remain in focus
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE wild swings of the stock market seem to follow those of US President Donald Trump's moods, and both are likely to remain in focus this week with developments likely on presidential scandals, trade policy and North Korea.
After a slump the week before, US stocks rose sharply last week as a "Goldilocks" jobs report and a surprise North Korean summit trumped fears of a trade war.
The trade war fears have not subsided completely, however, and any international response to Mr Trump's 25 per cent tariff on steel and 10 per cent on aluminium could rock markets again.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
