Wall Street drifts in a rare quiet day following weeks of tariff turmoil


Source: guelphtoday.com guelphtoday.com

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NEW YORK (AP) — U.S. stocks are drifting in a rare quiet day for financial markets worldwide, for now at least. The S&P 500 was up 0.3% in early trading Tuesday, though it’s been prone to huge swings not just day to day but also hour to hour. It’s regularly careened more than 1 percentage point within each day as markets struggle to keep up with President Donald Trump’s trade war, which economists warn could cause a global recession unless it’s scaled back. The Dow Jones Industrial Average was up 60 points, and the Nasdaq composite was 0.3% higher. The...