Dow, Trump and Tariffs
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Markets Insider |
China has struck back with an 84% tariff on U.S. exports, while the European Union (EU) has garnered support from countries for its own retaliatory actions.
The New Yorker |
Donald Trump put a ninety-day pause on the implementation of most of his tariffs.
MarketWatch |
U.S. stock futures remained lower on Wednesday early morning after China retaliated against President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.
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The Dow dropped 349 points, or 0.91%, while the tech-heavy Nasdaq ticked up 0.1%. The S &P 500 closed down 0.23%. Its 8.5% high/low spread has only happened 20 other times since 1962, according to S &P Global. The S &P 500 briefly entered bear market territory during the session but was last off nearly 18% from its recent high.
Wednesday's aggressive rally in U.S. stocks following President Donald Trump's 90-day pause on reciprocal tariffs for almost all trading partners sent the Dow Jones Industrial Average toward its largest one-day point increase ever as of the final hour of trading.
2d
Considerable on MSNDow Jones Industrial Average falls 700 pointsThe Dow Jones Industrial Average closed down 715.80 points, or 1.69%, at 41,583.90. The S&P 500 shed 1.97% to 5,580.94, ending the week down for the fifth time in the past six weeks. The Nasdaq Composite plunged 2.
Dow, S&P 500, and Nasdaq 100 futures are rising in premarket trading as the stock market reacts to President Donald Trump's tariffs on the day they kick in.
This article explains why the falling Dow Jones index could rebound now that the fear and greed index has moved to extreme fear zone
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23h
Investor's Business Daily on MSNDow Jones Futures Dive 900 Points On U.S.-China Trade War; Apple, Nvidia, Tesla Sell OffDow Jones futures plunged more than 900 points Wednesday as China retaliated with more tariffs on U.S. goods. Apple and Nvidia sold off.
The U.S. Stock Market tumbled more than 300 points Tuesday to reverse an earlier rally after the Trump administration said it will move forward with a 50% tariff on Chinese goods, effective Wednesday.