Stocks and Bonds Sell Off as Trump's China Visit Fails to Resolve Strait of Hormuz Issue
U.S. markets experienced a sharp selloff following President Donald Trump’s visit to China, which failed to resolve the ongoing closure of the Strait of Hormuz. Global oil prices exceeded $109 per barrel and inflation concerns intensified Wall Street's anxiety.
Topics: bond_market_move oil_prices stock_selloff Strait_of_Hormuz U.S.-China_relations