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Wednesday, January 23, 2019

What's moving markets today

Global economic concerns continue to take center stage at the World Economic Forum.

Prominent business leaders speaking today include Jack Ma of Alibaba (BABA), BlackRock (BLK) chairman Larry Fink and Salesforce (CRM) chairman Marc Benioff.

Japan's Prime Minister, Shinzo Abe, and German Chancellor Angela Merkel are also scheduled to speak.

And investors will be watching Chinese Vice President Wang Qishan, who will take the stage a day after trade tensions appeared to flare up again.

The White House declined an invitation from Beijing to hold preliminary trade talks ahead of a new round of negotiations scheduled for later this month in Washington, a person familiar with the matter told CNN.

That news sent US stocks plummeting on Tuesday.

They later recovered slightly after White House economic adviser Larry Kudlow denied any meeting was planned.

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from CNN.com - RSS Channel https://cnn.it/2sKs4Ms

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