Stocks Fall as Trump’s Mexico Tariff Threat Rattles Markets

Posted on AllSides May 31st, 2019
From The Center

Stocks fall in Wall Street trading; Yield on 10-year U.S. Treasurys hits a fresh 20-month low

Stocks and bond yields around the world fell Friday after President Trump threatened to impose escalating tariffs on Mexico, capping a brutal month for markets as rising trade tensions roiled investor confidence.

The threat pushed stock markets down as investors feared applying tariffs on Mexican products could hurt corporate earnings, increase prices for U.S. consumers and crimp economic growth. As investors sold stocks, they moved to government bonds, gold and the Japanese yen, all...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.wsj.com/articles/global-stocks-and-bond-yields-drop-on-mexico-tariff-concerns-11559289992

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right