Ray Dalio says he wouldn't rule out China weaponizing its massive US Treasury holdings
Others observers have dismissed the suggestion that China would sell U.S. Treasurys to gain an upper hand in the trade war.
Growth forecasts are rising and economy looks nowhere near as bad as bond market predicts
Economists ratcheted up their GDP forecasts for the third quarter to a median 2.1% on Thursday.
Stocks making the biggest moves premarket: Walmart, GE, Tapestry, Alibaba & more
Names on the move ahead of the open.
China softens stance on trade after saying it has to take counter-measures to US tariffs
"We hope the U.S. side will meet China half-way, and implement the consensus reached by the two leaders during their meeting in Osaka," China's spokesperson at the foreign ministry Hua Chunying said.