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Worldwide stocks recover some ground at end of turbulent week

Global stock markets looked set to end a turbulent week on a positive note although worries about the U.S. economy and trade conflict have the potential to derail Friday’s recovery.

Recession worries keep most world markets stymied or lower

Stocks remained stuck in a spin cycle Thursday, as worries about a recession collided with hopes that the strongest part of the U.S. economy — shopper spending — can keep going.

China threatens retaliation if US tariff hikes begin Sept. 1

China on Thursday threatened retaliation if Washington steps up its war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports.

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