US stocks fell in early trading and the dollar climbed as trade tensions persisted and emerging markets remained under pressure. US stocks fell in early trading and the dollar climbed as trade tensions persisted and emerging markets remained under pressure. The S&P 500 dropped from near a record as Nike's politically-controversial ad campaign and Facebook's analyst downgrade weighed on major averages. South Africa's unexpected tumble into a recession and Argentina's urgent financial measures increased concern about more volatility in stocks and currencies. Investors have increasingly been weighing whether the troubles will spill into developed markets, which advanced during the summer despite trade salvo.

Source: Irish Independent September 05, 2018 01:52 UTC