Just weeks after President Trump effectively declared a trade war with the whole world, the initial fallout is taking shape. Has the world been knocked off its American axis? For the latest, Bloomberg’s Tim Stenovec will speak with Saleha Mohsin,

Investors were feeling on edge Thursday after officials in both the U.S. and China denied that the two countries are close to opening trade negotiations. The Cboe Volatility Index, a widely-followed fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX,

The bounce in U.S. stocks gained momentum on Wednesday as the Trump administration turned down the heat on its trade war with China that has so rattled markets, while the president distanced himself from his own calls for the immediate termination of Federal Reserve chair Jerome Powell.

US stock futures traded flat after a mostly upbeat day on Wall Street, driven by fresh signs President Trump is aiming to strike a trade deal with China.

The recent optimism on Wall Street dissipated as companies continued to reassess their financial outlooks due to uncertainty over President Donald Trump’s on-again-off-again tariff policies.