Trump’s Tweet Storm Is Swaying Global Markets Again

(Bloomberg) — Global markets were whipsawed in the early hours of Wednesday after President Donald Trump unleashed a barrage of sometimes conflicting Twitter posts.U.S. stocks slumped Tuesday while Treasuries surged after Trump tweeted that he had decided to halt stimulus talks. His posts during Asian hours on Wednesday — calling for support for airlines and the Paycheck Protection Program — helped erase losses in U.S. stock futures and Japanese shares. Most Asian currencies crept lower amid uncertainty over the next round of U.S. stimulus. In total, Trump tweeted or retweeted just under 40 times in the space of two hours.Trump …read more

Source:: Yahoo Finance

      

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