Markets volatile as China-US tariffs spat fuels trade war fears – business live

All the day’s economic and financial news, as European markets fall following last night’s Wall Street routAnalyst: Trade worries and tech angst hit marketsUK factory growth stable, but eurozone slowsWhy Trump’s attacks on Amazon are worryingThe agenda: Traders anxious after US stocks fallComing up: Spotify IPO 2.37pm BST Wall Street has opened a little higher, as traders hope to recovery from Monday’s selloff.The Dow has gained 0.5% in early trading, up 123 points at 23,767Dow rebounds at the open as tech shares cut steep losses from yesterday https://t.co/psxHFtwrjA pic.twitter.com/zDXwRt88mb 2.34pm BST Here’s some early reaction to Tesla’s new production numbers:Tesla up 7% by doing the classic post-Easter, pre-market Resurrection Gambit – releasing hot production data just before the bell to burn the shorts.Maybe this IS a good day for Spotify to start trading. https://t.co/T6f2uAhzUs“Tesla said in a statement that it still sees a target production rate of about 5,000 units per week in about three months, in line with the company’s previous target, Bloomberg News reports. “ $TSLA pic.twitter.com/Kr0ijgqlb8Bloomberg’s Tesla Model 3 production tracker estimating down on weekly production and just missing Q1 target. Be interesting to see how close they are with their data modeling on the true numbers! Continue reading…
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