Stocks drift, dollar slips on US-China standoff


SINGAPORE: Stocks ticked sideways on Tuesday while the dollar headed towards its largest monthly fall for years as investors braced for the trade war to be felt in earnings and economic data.

U.S. President Donald Trump's tariffs have rattled faith in U.S. assets and even though numerous backdowns have helped the S&P 500 recover much of its early April losses, the dollar has managed only to steady, without a big rebound.

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