Trade war fears put S&P 500 index in ‘bear market’ territory, as Goldman Sachs raises chances of US recession to 45% – business live

Jamie Dimon, Bill Ackman and Elon Musk all express concerns about tariffs, as Goldman slashes its US growth forecasts Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Trade war fears put S&P 500 index in ‘bear market’ territory, as Goldman Sachs raises chances of US recession to 45% – business live

Jamie Dimon, Bill Ackman and Elon Musk all express concerns about tariffs, as Goldman slashes its US growth forecasts

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...