Trade Tensions: P Index and Interest Rates

trade tensions: Trader Michael Capolino works on the floor of the New York Stock Exchange, according to The Toronto Star. Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including rising interest rates, the trade tensions between the U.S. and China and slowing economies outside the U.S. Richard Drew / AP As of Thursday, the S&P 500 index had plunged 7.5 per cent in about three weeks, with two separate six-day losing streaks. Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including rising interest rates, the trade tensions between the U.S. and China and slowing economies outside the U.S. All of which could impair profit growth for U.S. companies. It hadn't had a streak of losses that long since right before the November 2016 presidential election. Another big loss could push the index into what Wall Street calls a correction - a drop of 10 per cent or more from the latest high. There have been a few big gains recently, including Thursday, but with four trading days left in October the index is on track for its worst month in seven years. (news.financializer.com). As reported in the news.