Bloomberg US stocks turned higher and Treasuries trimmed gains as investors speculated that President Donald Trump’s tough tariff talk won’t translate into the most severe protectionist policies. S&P 500 cut an early slide by three-quarters after hedge fund billionaire Ray Dalio called Trump’s threat of a trade war “political show.” Treasuries held gains on a haven bid, while the greenback ...

Bloomberg The angst about rising trade tensions that’s hit equity markets may presage a prolonged conflict, considering that when it comes to China, the Trump administration may have greater ambitions than just a more advantageous commercial arrangement. While Chinese officials have pressed for a list of specific demands as President Donald Trump prepares to execute measures including tariffs, there may ...

Bloomberg The US will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said. “The US is set to put its stamp on global oil markets for the next five years,” IEA Executive Director Fatih Birol said in a report ...