President Donald Trump said negotiators made “big progress” in a meeting with Japanese officials seeking a deal to avoid higher levies he has threatened against US trading partners.
US retail sales rose substantially in March on a jump in car purchases and other goods such as electronics, suggesting consumers were scrambling to get ahead of tariffs.
Technology stocks sank as new US government restrictions on the export of Nvidia Corp. chips to China and a disappointing report from ASML Holding NV fanned trade war concerns, wiping…