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Friday, August 3, 2018

Trade fight drags, but Apple's $1 trillion milestone boosts U.S. indexes

An intensifying trade dispute between the United States and China weighed on global stocks and bond yields on Thursday, but a rise in Apple shares took its valuation above a record $1 trillion and helped major U.S. indexes close in positive territory.


from Reuters: Business News https://ift.tt/2LLC5oK

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No global recession despite US tariffs, says IMF

The international economic group predicts "notable markdowns, but not recession". from BBC News https://ift.tt/jtkGs1h