Stocks were up early and down late again during another volatile session defined by trade war talk. Incoming economic data remains limited and mixed. But earnings results and forward guidance offer continuing comfort. Still, recent price action is as much about fear of conflict between the U.S. and China as fundamentals.
"We're in one now," President Donald Trump said late Wednesday when a reporter asked whether recent escalation meant the U.S. is headed for a "sustained trade war" with China.
