- Flight to safety boosts dollar
- Crude up slightly ahead of OPEC+ meeting
- Pelosi Taiwan visit fuels geopolitical tensions
- Report hints at easing U.S. jobs market
NEW YORK, Aug 2 (Reuters) – U.S. stocks ended a choppy session lower on Tuesday, while the dollar rallied as risk appetite was dampened by economic uncertainties and escalating U.S.-China tensions.
All three major U.S. stock indexes closed red, with the blue-chip Dow faring worst. Economically sensitive transports (.DJT) underperformed the broader market.
Meanwhile, the safe-haven greenback had a better day than most asset classes, jumping 0.8% against a basket of world currencies.
Register now for FREE unlimited access to Reuters.com
Register
U.S. House of Representatives Speaker Nancy Pelosi’s arrival in Taipei, despite warnings from Beijing, prompted Chinese war planes to buzz the Taiwan Strait in protest. read more
“There is the uncertainty surrounding Pelosi’s trip to Taiwan…
