Fed balm soothes trade war jabs

Fed balm soothes trade war jabs

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Edgier world markets appeared to bat away the latest testy exchanges in the re-heated U.S.-China trade war, helped by dovish soundings from the Federal Reserve boss that included signals about an imminent end to its balance sheet…

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US stocks mixed, gold jumps as upbeat economic forecasts offset trade tensions

US stocks mixed, gold jumps as upbeat economic forecasts offset trade tensions

By Stephen Culp NEW YORK (Reuters) -Wall Street stocks were mixed on Tuesday and Treasury yields dipped as investors weighed upbeat economic sentiment from the International Monetary Fund and Federal Reserve Chair Jerome Powell against revived U.S.-China trade tensions. The S&P 500 and the Dow rebounded after all three major U.S. stock indexes opened sharply…

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