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Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president's negotiating leverage.
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Beijing retaliated with higher tariffs on U.S. goods, a tit-for-tat move that intensified investors' anxiety.
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Producer price index was tame in March
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Dow futures tick higher as Wall Street wraps up one of the wildest weeks ever: Live updates CNBCDow Jones Futures Reverse On Trump Tariff News; JPMorgan, Nvidia Rally Investor's Business DailyUS stocks, dollar tumble as Trump's trade war rattles Wall Street CNNMarkets Worry About Finding an Exit From Trump's Trade Fight The New York Times
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Jamie Dimon cited "sticky inflation, high fiscal deficits and still rather high asset prices and volatility" in his remarks.
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Shares of Morgan Stanley, like those of its peers, have whipsawed in recent days amid President Donald Trump's trade policies.
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JPMorgan chief Jamie Dimon warns of ‘considerable turbulence' in US economy Financial TimesJPMorgan Chase is set to report first-quarter earnings - here's what the Street expects CNBCJPMorgan's Dimon says economy is facing 'considerable turbulence' Yahoo FinanceJPMorgan's Stock Traders Notch Record Revenue on Market Chaos Bloomberg.com
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Ursula von der Leyen is trying to ensure that if the international trading system is remade, the E.U. is at the center of what comes next.
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Dow Jones Futures Fall As Rising Yields Are Trump Tariff Warning; Inflation Reports Due Investor's Business DailyUS stocks, dollar tumble as Trump's trade war rattles Wall Street CNNMorning Bid: Back to white-knuckle ride in the markets Yahoo FinanceUS stocks close sharply lower, wiping away some of historic rally a day earlier 6abc Philadelphia
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