Wall Street Bets the Worst of Trump’s Trade War Is Behind It
Trade,Tariffs,Wall Street,Economy And Jobs
From the Center
AllSides Media Bias Rating: Center
Wall Street is betting that the worst of President Trump’s trade war is in the rearview mirror.
The latest example came Tuesday, when news of easing trade tensions between the U.S. and the European Union powered a 2% increase in the S&P 500. It was the largest single-day gain since May 12, when a rollback of tariffs between the U.S. and China spurred an even larger market rally.
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