U.S. stocks wrapped up the week with a mixed finish after President Donald Trump accused China of breaking a recent trade agreement, reigniting global market jitters just weeks after a deal was struck in Geneva.
The S&P 500 slipped 0.01% to close at 5,911.69, while the Nasdaq lost 0.32%, ending at 19,113.77. The Dow Jones rose 0.13%, finishing the week at 42,270.07.
Markets wavered following Trump's sharply worded social media post, in which he claimed China is facing economic collapse due to U.S. tariffs and said Beijing had "totally violated" the agreement Washington announced earlier this month.
“Everybody was happy! That is the good news!!! The bad news is that China… HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,” Trump posted.
He added he would soon speak with Chinese President Xi Jinping, expressing hope that the matter could be resolved.
In response, China pushed back, pointing to ongoing U.S. restrictions on chip exports. A spokesperson from China’s embassy in Washington, Liu Pengyu, said the U.S. should stop “discriminatory restrictions” and respect the Geneva consensus.
Meanwhile, fresh U.S. economic data showed consumer sentiment remained flat in May, with the University of Michigan’s index holding at 52.2. Short-term inflation expectations edged up to 6.6%, but long-term expectations fell to 4.2%, the first drop since December.
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On 15 September, President of the Republic of Azerbaijan Ilham Aliyev received Salim bin Mohammed AlMalik, Director-General of ICESCO, in Shusha.
President Donald Trump has suggested that a deal has been struck over TikTok’s U.S. ownership, days before scheduled talks with Chinese President Xi Jinping.
Senior officials from the United States and China are holding talks in Madrid this week, covering trade disputes, export controls, and the future of TikTok’s US operations. The discussions come as both sides navigate a fragile economic relationship defined by rivalry as much as interdependence.
The United Nations Human Rights Council will hold an urgent debate in Geneva on Tuesday on Israel's 9 September attack targeting Hamas leaders in Qatar, the Council said on Monday.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Music mega-star Taylor Swift and National Football League player Travis Kelce announced their engagement. “Your English teacher and your gym teacher are getting married," the couple wrote in a joint Instagram post, alongside photos of Kelce proposing to Swift in a garden of pink and white flowers.
India's retail inflation (INCPIY=ECI) rose to 2.07% in August as food prices edged up, although it remained within the central bank's tolerance range for the tenth consecutive month.
Jaguar Land Rover (JLR) said Wednesday that it now believes “some data has been affected” after a cyberattack forced the company to shut down operations last Tuesday. Staff have been instructed to work from home since the incident.
Oracle co-founder Larry Ellison has overtaken Tesla Chief Elon Musk as the world’s richest person after a surge in the company’s stock lifted his net worth to $393 billion, according to the Bloomberg Billionaires Index.
China has launched its first review of its foreign trade law since 2004, signalling a potential shift in how the country manages international commerce amid rising global trade tensions.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
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