The market has had a volatile week, with the major indexes recording their biggest one-day sell-off of the year on Monday. On Wednesday, stocks resumed their sell-off as investors loaded up on traditionally safer government bonds and gold, by Thursday’s close, the indexes had recovered most of their losses from Monday’s drop.
The lingering trade war continues as the U.S. holds off on giving permission to American companies to use Huawei products. This comes after China decided to stop buying American crops and after the U.S. officially declared China a currency manipulator earlier this week.