Stocks sink as trade tensions keep worrying investors [Los Angeles Times (CA)]
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Source: Los Angeles Times
Stocks sink as trade tensions keep worrying investors U.S. stocks sank again Wednesday as investors worried about tariffs and rising trade tensions. That hurt industrial companies, while banks slumped along with interest rates. Stocks rose in the morning as investors looked for a rebound from the previous day's losses, but with European leaders warning about the risks of trade disputes, indexes gradually headed down. Boeing and other industrial companies, including airlines and defense companies, took some of the worst losses. Stocks have bounced around since President Trump announced his tariff plans at the start of this month. They slumped at first, then came back after the Trump administration said it would grant exemptions to some countries. Stocks have slipped over the last two days as investors considered the possibility of greater trade tensions with Europe and China. "Since the correction [when stocks fell 10% in late January and early February], investors have been a little b
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