US stock market bumps & slumps amid trade war, rate hike fears
Powell's interest rate comments, Trump's tariff threats overshadow positive corporate, economic data picture
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AFTER the so-called "Trump bump" came the Trump slump.
The US stock market's first correction of the Donald Trump era is still relatively modest and major indexes are much closer to records than bear markets.
There's every reason to expect more volatility this week as markets come to terms with the threat of trade wars, rising US interest rates and political instability in Italy.
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