Stocks

US stocks rise as China hikes meat imports

The Chinese report reversed positive investor sentiment that stemmed from President Trump saying late Tuesday on Twitter that a U.S.-China trade deal could be possible soon.

Asian stocks follow Wall Street higher

Stocks regained some ground in morning trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war.

How major US stock indexes fared Tuesday

Stocks climbed on Tuesday and clawed back a chunk of their losses from Monday's rout, the latest whipsaw move as investors weigh just how badly the escalating U.S.-China trade war will hurt the economy.

Business Highlights

___ China retaliates on tariffs, stock markets go into a slide BEIJING (AP) — Deepening its trade battle with the U.S. and sending financial markets spinning, China announced tariff hikes Monday on $60 billion of American goods in retaliation for President Donald Trump's latest penalties on Chinese products.