What is going on with the Dow Transports? Down 1.53%.
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What is going on with the Dow Transports? Down 1.53%.
The airlines stocks are getting hit...
https://finance.yahoo.com/quote/%5ED...nents?p=%5EDJT
Trump fires back at Beijing with threat of new tariffs on $200 billion in Chinese goods
https://www.youtube.com/watch?v=NHWjlCaIrQo
"Learn! Got Damm*t!" -- War Games, 1983
US first-quarter growth slowed more than estimated, weighed down by the weakest consumer spending in nearly 5 years
Private payrolls boom in July, increasing by 219,000 vs 185,000 estimate: ADP
Stocks dipped on Friday, erasing slight gains, after a report said President Donald Trump wants to move forward with tariffs on $200 billion in Chinese goods.
:rolleyes:
BUENOS AIRES (Reuters) - China and the United States have agreed to halt additional tariffs as both nations engage in new trade negotiations with the goal of reaching an agreement within 90 days, the White House said on Saturday after President Donald Trump and Chinese President Xi Jinping held high-stakes talks in Argentina.
https://www.yahoo.com/news/u-china-declare-90-day-halt-tariffs-white-023232628--finance.html?.tsrc=bell-brknews
Hmm, I wonder if this is good news, or bad. Is the glass half full or half empty - 90 days without tariffs or 90 more days of uncertainty?
Dow drops more than 450 points after historic 1,000-point surge
Stocks traded sharply lower on Thursday, giving back some of the strong gains from the previous day, amid renewed tensions between China and the United States.
The Dow Jones Industrial Average fell 456 points, led by losses in Exxon Mobil and United Technologies. The S&P 500 pulled back 1.9 percent as the energy and consumer discretionary sectors lagged. The Nasdaq Composite dropped 1.9 percent.
Reuters reported, citing three sources familiar with the situation, that President Donald Trump is considering an executive order to ban U.S. companies from using equipment built by Chinese firms Huawei and ZTE. This executive order would come at a time when the two largest world economies are trying to strike a permanent trade deal. Earlier this month, China and the U.S. agreed to a 90-day grace period to come up with an agreement.
Shares of trade bellwethers like Caterpillar, Boeing and Deere all fell more than 1.5 percent.[more]
https://www.cnbc.com/2018/12/27/futu...eet-surge.html
Stock Futures Decline as China Data Fuel Growth Concerns
https://finance.yahoo.com/news/u-sto...230929845.htmlQuote:
(Bloomberg) -- U.S. stock-index futures erased earlier gains after a gauge for manufacturing output in China fell into contraction territory for the first time since May 2017, fueling global growth concerns.