Trade tensions can lead to stock market crashes

Trade tensions can lead to stock market crashes

By Andrea Shalal WASHINGTON (Reuters) -Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on Monday. That in turn can generate market volatility which can threaten financial stability, it said in a chapter from its forthcoming Global Financial Stability Report. The IMF…

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Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell…

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Jefferies profit misses estimates as bond trading, equity underwriting weaken

Jefferies profit misses estimates as bond trading, equity underwriting weaken

By Lananh Nguyen and Manya Saini (Reuters) -Jefferies’ first-quarter profit missed Wall Street estimates on Wednesday as bond trading weakened and stock market deals were stalled due to uncertainty sparked by shifting U.S. trade policy and geopolitical turmoil. The results offer investors an early glimpse at how Wall Street’s investment banking units may fare in…

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