U.S. stock index futures fell on Tuesday, tracking a global shift out of riskier...
- U.S. stock index futures fell on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of a recession due to a drawn-out U.S.-China trade war.
Increasingly violent protests in Hong Kong and a crash in Argentina’s currency and its stock market pushed up demand for U.S. bonds, gold and the Japanese yen. President Donald Trump’s latest tariff threat on Chinese goods has raised bets of at least three more rate cuts this year, with a reduction in rates at the Fed’s September meeting being fully priced in, according to CME Group’s FedWatch program. [MMT/]
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