Buzz & Beyond: Nasdaq

Fears grow for global trade with major indices likely to plunge as US trading partners quickly retaliate, fuelling chance China and EU will follow suit. Investors are bracing for stock market falls after Canada and Mexico hit back against trade tariffs imposed by Donald Trump this weekend. Trading on brokerage IG’s weekend markets indicate shares are likely to fall on Monday, after the US president signed an order on Saturday to bring in sweeping tariffs this week, a move that could prompt a trade war with some of the country’s largest trading partners.