News

Global markets sold off sharply overnight led by technology shares, as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets.

Stocks across Asia fell sharply after Trump stepped up pressure on China, saying in a tweet that he will hike tariffs on some Chinese goods at the end of the week as trade negotiations are tracking too slowly.

Interesting price action for HIBB

Global markets rose on Friday as stronger-than-expected US job growth in April coupled with muted wage gains left investors upbeat about the outlook for the US economy and interest rates.