Trump, Dow Jones and Stocks
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NBC Chicago |
U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump's rollout of shockingly high tarif...
Wall Street Journal |
China lifting tariffs on the U.S. to 125% and leader Xi Jinping saying his country "is not afraid."
U.S. News & World Report |
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
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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.
This article explains why the falling Dow Jones index could rebound now that the fear and greed index has moved to extreme fear zone
Wall Street kicked off Friday with another brutal stretch of losses driven by President Trump’s new tariffs despite stronger than expected March jobs data. The Dow Jones Industrial Average
Monday marked yet another volatile trading day on Wall Street, with the S&P 500 posting its third consecutive loss.
Stock markets worldwide are careening even lower after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
Wall Street faced another brutal selloff on Friday, with major US stock indexes suffering their worst two-day decline since the pandemic era.