basic materials

US stocks edge lower amid more trade tariff worries

U.S. stocks veered lower in morning trading Monday amid speculation that the Trump administration is preparing to impose tariffs on another $200 billion-worth of Chinese goods. Technology stocks, restaurant chains and banks were among the decliners. Industrial and basic materials companies also rose as the dollar weakened. KEEPING SCORE: The S&P 500 index fell 8 … Continue reading US stocks edge lower amid more trade tariff worries

NEW YORK | Stocks sink as trade war heats up with new tariff threats

NEW YORK — Global stock indexes are falling Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would to retaliate. In the U.S., industrial companies and basic materials makers are taking some of the worst losses. KEEPING SCORE: The S&P 500 … Continue reading NEW YORK | Stocks sink as trade war heats up with new tariff threats