The market is ending a wild 2018 with an even wilder December. The S&P 500 has averaged a daily range of 2 percent for the month, while the Dow Jones Industrial Average has closed with triple-digit moves in all but three sessions. Big moves have pushed the VIX to a record 13 one-day moves of more than 20 percent…
Tag: markets
China suspends tariff hikes on $126B of US cars, auto parts
BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China’s first step in response to President Donald Trump’s Dec. 1 agreement to suspend U.S….
MAY AWAY! OR STAY? UK IN DISARRAY VOTE TODAY
‘I WON’T lead you into the next election’: PM leaves MPs in tears as she vows to bow out after Brexit in emotional behind-closed door speech before Tory no-confidence vote Eurosceptic Tory MPs have succeeded in forcing a no-confidence vote in the PM amid fury at her Brexit deal Chair of the Tory 1922 committee…