This past week witnessed severe turmoil in the global economy, driven by escalating trade tensions between the U.S. and China. Significant losses in U.S. stock markets, the highest tariffs in over a century, and rising recession fears characterized this pivotal period, prompting investors and policymakers to brace for further volatility.
US Stock Market Today | Live: US stock futures climb as AI shares rally and crude prices ease
Warnings from executives at leading AI companies triggered a selloff last week, but concerns eased on Monday as investors focused on signs that spending on