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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
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More than 9,000 enter for 2018 U.S. Open.

The field of contestants for golf’s most democratic major has been set. The USGA announced that it received 9,049 entries for this year’s U.S. Open, with the deadline for entry expiring at 5 p.m. ET Wednesday. That total includes 515 applications on the final day, 115 in the final hour and a buzzer-beater from Drew Caudill, a 32-year-old pro from Mount Vernon, Ohio, who beat the entry deadline by only 23 seconds.
This marks the seventh straight year that the USGA has received more than 9,000 entries, but the total marks the second straight year of a decline in applications. At least 9,860 players entered each year from 2013-16, topping out in 2014 when 10,127 applications were received. But last year there were 9,485 entries for Erin Hills, and this year’s return to Shinnecock yielded only one more application than the USGA got in 2005.
For the vast majority of entrants, the next step is a spot in 18-hole local qualifying which begins April 30 and runs through May 17. The fortunate few advance from there to 36-hole sectional qualifiers, played May 21 in Japan and June 4 across 11 other sites in the U.S. and England.
A total of 54 players are already exempt into the 156-man field, including 12 former winners. The only remaining ways to earn an exemption from qualifying are to win either The Players or BMW PGA Championship next month, or be ranked inside the top 60 in the Official World Golf Rankings on either May 21 or June 11.
The U.S. Open will be played June 14 to 17 at Shinnecock Hills Golf Club in Southampton, N.Y., which is hosting the event for the first time since 2004.

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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
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