Global stock markets: US-China trade worries weigh on shares, yields, oil prices
Concerns over relations between the United States and China slammed global equity markets, oil futures and U.S. Treasury yields on Tuesday as investors fretted about setbacks in trade talks between the world`s two biggest economies.
The S&P is on track for its second biggest percentage drop this year. Last time had bigger drop was Jan. 3. MSCI`s gauge of stocks across the globe shed 1.23%, while the pan-European STOXX 600 index lost 1.37 percent. Image source: Reuters