US Greenback Boosted, S&P 500 Threatened by Renewed China Stress
US DOLLAR SUPPORTED, S&P 500 INDEX PRICE OUTLOOK AT RISKAMID ESCALATING CHINA TENSION & LINGERING VOLATILITY
- USD worth motion catches a bid owing to rekindled threat aversion and US Dollar demand
- S&P 500 slides as US-China pressure escalates and market sentiment deteriorates
- Uneven ranges underscore the juxtaposition of coronavirus vaccine hope with contemporary commerce battle uncertainty
The US Greenback gained floor whereas the S&P 500 Index edged decrease headed into the ultimate buying and selling session this week. The newest slide in shares, and transfer again into safe-haven assets just like the USD, appears largely pushed by an uptick in perceived trade war threat as pressure escalates between China and america as soon as once more.
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