US Stock Markets Live: US futures are tumbling sharply after China announced it would raise tariffs on US goods to 125% starting April 12. If the US continues to insist on significantly violating China's rights and interests, China will resolutely counterattack and fight back. In response, Dow futures, which rose 400 points a few minutes ago, are now seeing wild swings between gains and losses. S&P 500 and Nasdaq futures are also up 65 points and 250 points, respectively.
US Stock
Markets Live: China heads to WTO
China files a new WTO complaint against the latest tariff
measures by US Beijing, saying that the market is unlikely to accept goods
exported to China at current tariff levels.
In response to China's moves, Dow futures, which rose 400
points a few minutes ago, are now seeing wild swings between gains and losses.
S&P 500 and Nasdaq futures also struggled to stay above a flat line.
US stock
market live: Current market update
The dollar extended losses after its biggest drop in three
years, while stocks and bonds were sold off by a worsening global trade war,
eroding weak risk appetite. The euro hit a three-year high.
Asian stocks were on track for their third weekly decline as
market relief turned to anger after the White House clarified that US tariffs
on China had risen to 145%. US Treasuries extended the week's slide. The euro
rose as much as 1.6% and the Swiss franc touched its highest level in a decade
in a sign that investors were seeking havens and non-US alternatives. Gold hit
a new high. Equity-index futures for Europe and the US advanced.
US Stock
Market Live: EU eyes 90-day reprieve
The European Union will use a 90-day pause in US tariffs to
find an alternative solution with President Donald Trump, according to the head
of the Eurogroup. The US president has said the EU was created to
"reinvent" the US and has repeatedly highlighted the group's trade
surplus as evidence of an unfair relationship. The EU is the US's largest
trading partner.
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