Shuli Ren, Columnist

After the Stock Carnage, Wait for the Yawn

Trade tensions are no longer the driving force for markets, in the U.S. or China.

May 6, 2019 at 4:00 AM UTC

Updated on

May 6, 2019 at 1:29 PM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

Wake me up when the trade war’s over.
Photographer: STR/AFP/Getty Images

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Don’t write off these stock rallies yet.

S&P 500 Index futures fell as much as 2.2 percent Monday and China’s CSI 300 Index closed 5.8 percent lower after news that Beijing is considering delaying a trip by its top trade negotiators in response to U.S. President Donald Trump’s threat to raise tariffs.