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Stocks tumble as US-Iran impasse fuels inflation fears

Investors were left disappointed as a highly anticipated summit between US President Donald Trump and Chinese leader Xi Jinping in Beijing failed to deliver major breakthroughs on the Middle East war or trade relations.

First seen · 9:23 PM UTCMay 16, 2026

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Stocks tumble as US-Iran impasse fuels inflation fearsInvestors were left disappointed as a highly anticipated summit between US President Donald Trump and Chinese leader Xi Jinping in Beijing failed to deliver major breakthroughs on the Middle East war or trade relations.
9:23 PM UTC

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