
Wall Street wrestles with market volatility amid renewed tariff tensions with China
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
The S&P 500 plummets nearly 4% in its worst day in two years. The euro surges above $1.11, and Brent crude oil sees a sharp decline of 7%
Credit Suisse has been fighting troubles for years, including losses it took from the 2021 collapse of investment firm Archegos Capital
The STOXX Banks index of 21 major European lenders was off 3.8% on Monday, with some members seeing intraday drops in double digits before recovering