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Wall Street stumbles as US-China tensions brew, virus cases surge

Nasdaq falters as more US states roll back reopenings amid record new infections. Sino-US tensions also upset stocks, but dollar and gold hold steady. Markets braced for busy week as earnings, data and central bank meetings coming up.Stocks braced for disastrous earnings, but low bar sets stage for profit beats. Dollar extends downward trajectory despite worrisome virus numbers. Gold capitalizes on weaker greenback, but euro turns more cautious.Risk Warning: 75.55% of retail investor accounts...

Broadcast on:
14 Jul 2020

Nasdaq falters as more US states roll back reopenings amid record new infections. Sino-US tensions also upset stocks, but dollar and gold hold steady. Markets braced for busy week as earnings, data and central bank meetings coming up.

Stocks braced for disastrous earnings, but low bar sets stage for profit beats. Dollar extends downward trajectory despite worrisome virus numbers. Gold capitalizes on weaker greenback, but euro turns more cautious.

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