Topics trending in the stock market on August, 15
Автор: SprinkleBit
Загружено: 2019-08-15
Просмотров: 13
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Global stock markets sold off sharply Thursday morning after China warned that recent tariffs from the U.S. threatened to derail trade talks.
China’s Ministry of Finance said that fresh 10% tariffs on $300 billion of Chinese goods violated a consensus reached with the U.S.
Treasury yield curve — a key metric of the health of the global economy — inverted Wednesday morning for the first time since 2007.
And there's no sign that volatility is subsiding as markets continue to fall early Thursday.
Investors will shift their focus to Nvidia after the bell when the chipmaker reports Q2 financial results.
Trade tensions between the U.S. and China have rocked the chip stocks this week, and Nvidia shares have fallen 2.67% as of Wednesday’s close.
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