The Business Times
SUBSCRIBERS

Market losses may pile up with release of key data

US jobs report and China's industrial surveys this week may show negative impact of trade war

google-preferred-sourceAdd BT as a preferred source
Published Sun, Jun 2, 2019 · 09:50 PM

    US stocks slid last week, tumbling towards correction territory amid fears that US President Donald Trump was ready to fight trade wars to the economic death.

    This week could see the losses mount if the negative impact of tariffs show up in US employment data or Chinese industrial surveys.

    The month of May opened with a Twitter bombshell dropped by Mr Trump, as he dismissed the possibility of a Chinese trade deal, triggering the first major 2019 correction for US stocks indexes after a four-month march higher.

    Wall StreetUS stocks

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More