TSP Talk Blog

Stocks were rocked on Friday by comments from President Trump regarding more tariffs on China and after all was said and done, the Dow lost 572-points, or 2.34%. Most of the major indices gave away 2% or more with the Transports losing nearly 3%, and small caps falling just short of 2%. The I-fund held up much better as the Tariffs don't have the same impact on European companies.

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U.S. adds 103,000 jobs in March in smallest gain in six months

Unemployment 4.1%. Wage growth +0.3%.

https://www.marketwatch.com/story/us...all-2018-04-06

Stocks followed through on Wednesday's positive reversal day by tacking on another day of solid gains on Thursday. The Dow led the way with a gain of 241-points, or about 1%. The broader indices were up solidly, but but not to the extent as the Dow.
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Stocks opened sharply lower yesterday on more Trade War concerns as China is starting to push back. The Dow was down 500-points at the lows, but investors ended up being unfazed and turned the big loss into a lofty gain. The Dow closed up 231-point or nearly after trading in a nearly 800-point range on the day.

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