worries

US markets extend losses on worries about rising yields

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Extending losses for second straight session, the US markets ended lower on Friday on worries about runaway inflation spurred by the sudden jump in US Treasury bond yields. Dow Jones Industrial witnessed its biggest one-day percentage drop since August, while both the S&P and the Nasdaq logged the biggest daily drop since late June. Besides, … Read more

Global stocks fall on trade worries after Kim-Trump summit cancellation

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Wall Street started the day in the red because after the US announced it would investigate auto imports on national security grounds, a move that could lead to yet more steep tariffs. The Dow and S&P 500 rebounded off earlier lows but still finished down 0.3 per cent and 0.2 per cent, respectively, while the … Read more

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