More than 100 companies have announced buy-back plans, including PetroChina, Midea Group and CATL
Wall Street 's main indexes were set to open higher on Friday following earnings from big banks including JPMorgan, while markets also assessed the latest escalation in the trade war with China increasing its tariffs on U.S. imports to 125%.
Stocks, however, slumped again on Thursday and were more than 7% off from levels seen before last week, when Trump's"reciprocal" tariffs sparked the market rout. Amid the volatility, all three major Wall Street indexes are set for robust weekly gains, with the Nasdaq set for its best weekly showing so far this year.
Investors sought refuge in traditional safe-haven assets such as gold, which jumped to a record high. Safe-haven currencies such as the Japanese yen and Swiss franc also strengthened against the dollar.
Wall Street Trade War China Tariff Gold
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China deports Japanese tourists over Great Wall buttocks picThe begena, once for the elite, was also banned under Ethiopia's Marxist Derg government
Read more »
China deports Japanese pair after two weeks of detention for flashing buttocks at Great WallTOKYO, March 14 — Two Japanese tourists in their 20s were detained for two weeks in China then deported for taking photos showing exposed buttocks at the Great Wall, local media...
Read more »
Wall St to open sharply lower as China raises more barriers on US goodsLONDON (Reuters) - Embattled Tottenham Hotspur manager Ange Postecoglou accused the club's critics of a negative agenda on Wednesday as he prepared for a pivotal game of his second season in charge.
Read more »
Mountain Dew Collector Recalls Disastrous Leak That Ruined 100+ CansA single unnoticed leaky can nearly destroyed a Redditor's collection and ruined his wall in the process
Read more »
Juruteknik agensi kerajaan didenda RM2,100 gagal jelaskan wang RM7,600 dalam akaunJuruteknik agensi kerajaan didenda RM2,100 gagal jelaskan wang RM7,600 dalam akaun
Read more »
Built to last: Chinese scientists create nuclear battery with 100-year lifespanSHANGHAI, March 14 — Chinese researchers have reportedly announced the development of China’s first carbon-based nuclear battery, which they claim can function for up to a...
Read more »