Wall Street slumps as yuan slide intensifies trade angst
Monday, 5 August 2019 () Wall Street's main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points, as China's willingness to let the yuan slide in response to the latest U.S. tariff threat fanned fears that it could further aggravate an ongoing trade war.
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Wall Street's main indexes slipped on Friday after President Donald Trump said the United States and China were pursuing trade talks but he was not ready to make... Reuters Also reported by •Business Insider •Seattle Times •Newsday •RTTNews
Asian shares on Friday caught the tail of a Wall Street rally aided by China's solid export figures and a stabilization in the yuan, but fresh concerns about... Reuters Also reported by •Reuters India •Seattle Times •Newsday