Alva Review-Courier -

US stocks snap higher despite escalating US-China trade tiff

 


The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead.

After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses.

Growing jitters in recent weeks over a stepped-up trading dispute between the world's two largest economies had weighed on the markets well ahead of Friday, when Beijing and Washington launched dueling tariffs on billions in goods.

"The markets had already sold off the prior two weeks," said Dan Heckman, national investment consultant at U.S. Bank Wealth Management. "The mark...



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