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Stock impact report

World stock markets fall on trade fears and rate hike worries [Reuters]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Reuters
World stock markets fall on trade fears and rate hike worries | Reuters 4 Min Read NEW YORK (Reuters) - World share indexes registered their biggest weekly declines in almost six months in a volatile session on Friday as investors weighed solid U.S. economic data against expectations for higher interest rates and U.S. trade tensions on multiple fronts. U.S. job growth accelerated in August and wages notched their largest annual increase in more than nine years, cementing expectations for a third U.S. Federal Reserve interest rate hike for the year in late September. The U.S. dollar was boosted by the data, but investors were jittery about U.S. trade relations after President Donald Trump said he could hit China with more tariffs and alluded to trade talks with Japan while Canada negotiations continue. Wall Street stocks ended lower, dragged down after Trump threatened tariffs on a further $267 billion worth of Chinese imports, on top of levies on $200 billion worth of goods that Trump Show less Read more
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