Stocks Pare Their Losses as Trade Tensions Simmer: Market Wrap
U.S. stocks fell, though major indexes traded well off session lows as a flare up in trade tensions eased to a simmer. The declines came after steep losses in Asia and Europe sparked by renewed concern the U.S. and China are headed for a full-blown trade war. Neither side escalated attacks Tuesday after President Donald Trump threatened fresh tariffs and China promised to retaliate in kind.