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Global Markets: Trade war concerns hit shares, dollar

Reuters  |  LONDON 

By Sujata RaoLONDON (Reuters) - Shares were under pressure for a second day on Wednesday and the dollar held near one-week lows after a threat by U.S. President Donald Trump to slap $60 billion in tariffs on Chinese imports rekindled investors' concerns about the economic growth outlook.Equities attempted to recover after Tuesday's hefty losses, heartened by robust Chinese factory data, with S&P500 futures signalling a firmer opening for Wall Street.But markets struggled to overcome fears of a trade war and U.S. political uncertainty after Trump abruptly sacked Secretary of State Rex ...

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First Published: Wed, March 14 2018. 21:56 IST