Markets can’t win for losing as China-US fears hold sway

Stock markets in Toronto and New York spun wildly up and then plunged Thursday, apparently related to the uncertainty of what China and the US will do to each other. Writer William Watt of MarketWatch said: “Another rally, another close well off the highs.” In Manhattan, the Dow composite gave up more than 300 points while the TSX finished down 32 after posting a nice gain earlier in the day.