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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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The president told his social media followers it was a "GREAT TIME TO BUY" hours before announcing a reversal on tariffs that sent markets soaring.
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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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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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Prince Harry Meets War Victims in Surprise Visit to Ukraine The New York TimesAs Trump's envoy meets Putin, Prince Harry's visit caps Europe's embrace of Ukraine NBC News'Further market turmoil' and 'Harry's secret visit' BBCPrince Harry makes unannounced visit to wounded veterans in Ukraine The GuardianAmbassador Brink le
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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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