Stocks Plunge to 8-Month Lows on China Fears; J&J Nosedives

Stocks are staggering Friday after weak economic data from China has investors worrying about the global economy again, and more in Friday’s Stock Market Update. Mounting tensions in Europe over Britain’s impeding departure from the European Union also darkened traders’ moods. The Dow Jones Industrial Average dropped as much as 549 points. The benchmark S&P … Read more

Senate Rebukes Trump, Saudi Arabia Over Khashoggi Murder, Yemen War

In back-to-back votes against Saudi Arabia, the Senate delivered an unusual rebuke of President Donald Trump’s response to the death of journalist Jamal Khashoggi and signaled new skepticism from Capitol Hill toward the longtime Middle East ally. Although the resolutions are largely symbolic — because it’s unclear if they will be considered by the House … Read more

China Suspends Tariff Hikes on $126B of US Cars, Auto Parts

China announced a 90-day suspension on Friday of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China’s first step in response to President Donald Trump’s Dec. 1 agreement to suspend U.S. tariff hikes for … Read more

Paris Police Bracing for More Violent Protests

Anticipating a fifth straight weekend of violent protests, Paris’ police chief said Friday that armored vehicles and thousands of officers will be deployed again in the French capital this weekend. Michel Delpuech told RTL radio that security services intend to deploy the same numbers and strength as last weekend, with about 8,000 officers and 14 … Read more