Wall St drops on trade war clouds

The three major US indexes are on track for their biggest weekly declines in six weeks.

​Wall Street's losses accelerated into the close as investors showed increasing nervousness about the impact of a potential global trade war.

"As a matter of national security I have signed this omnibus budget bill," he said.

Trump signs bill, avoids shutdown

President Donald Trump signed a $US1.3 trillion spending bill into law, avoiding a government shutdown that had suddenly become a possibility.

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Trade war woes pummel ASX

Australian shares fell to deep losses at the end of the week after trade war worries rattled investors and wiped billions off the value of t...