Markets drop over China-US tensions

Stock markets fell Tuesday as investors dumped risky equities on spiking China-US tensions over a visit by House Speaker Nancy Pelosi to Taiwan. Traders were already skittish after a string of data showed economies beginning to take a hit from surging inflation and central bank interest rate hikes aimed at taming prices. Any meeting between Pelosi and Taiwanese President Tsai Ing-wen is sure to anger … Continue reading Markets drop over China-US tensions