(Here’s a look at how Mr. Trump has tied his political fortunes to the stock market.) The Treasury secretary, Steven Mnuchin, said it was possible that algorithmic trading programs were partially responsible for recent volatility in the stock market. The United States trade deficit surged in December as imported consumer goods rose sharply on solid consumer demand. Advertisement Continue reading the main storyIn European trading, markets erased some of their losses after the start of trading in the United States. He predicted that stock markets would eventually settle down because of the strong global economy.

Source: New York Times February 06, 2018 05:55 UTC