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tz-plus logo Trade Conflict Between the US and China Intensifies - US Markets Decline - Bitcoin Drops Sharply - Gold Price Continues to Rise - DAX Plummets - AMD Secures Major Order from Oracle - Multiple US Banks Report Strong Numbers - NVIDIA Boom Fuels Navitas Semiconductor

M. Blattmann
Reading Time: 10 minutes

Trade War Escalates: Wall Street Under Pressure – Tech Giants and Bitcoin Suffer from Intensified US-China Tensions The American stock markets are experiencing significant losses once again, as China escalates its retaliatory measures in the trade conflict with the United States. The S&P 500 index is down 0.48% on Tuesday. Investor nerves are heightened by Beijing's sanctions against US units of a South Korean shipping giant, with the Chinese government threatening further countermeasures. Even solid quarterly results from the banking...

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