Jittery Wall Street has a lot ahead to be nervous about - Associated Press
Associated Press - Mon 7 Jan 16:54 GMT

Jittery Wall Street has a lot ahead to be nervous about - Associated Press

NEW YORK (AP) — Welcome to the brave new world of investing, where every day in the stock market can feel like bedlam. Investors have been careening from fear to relief and back again as they react to morsels of news about the health of the economy and corpor…

  Investors have been careening from fear to relief and back again as they react to morsels of news about the health of the economy and corporate profits, the global trade war and when the Federal Reserve will next raise interest rates.

  On Friday, the SP 500 index soared 3.4 percent following a stronger-than-expected U.S. jobs report, news of trade talks between the United States and China and comments from the Fed seen as helpful for stocks.

  Stock prices could swing depending on what they say about how moderating economic growth, U.S.-China trade tensions and interest rates could affect their upcoming results.

  Apple’s warning last week about slow iPhone sales in China, the world’s second-largest economy, shocked the market and sent Apple’s stock down nearly 10 percent.

  According to a March report by the U.S. trade representative, China hacks into American companies’ computer networks to steal trade secrets and forces foreign firms to share technology as the price of admission to the Chinese market.