Stocks are getting hammered after Trump threatens to slam new tariffs on hundreds of billions of dollars of Chinese goods

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US equity markets were under tremendous pressure on Monday after President Donald Trump threatened new tariffs on Chinese goods.

were under tremendous pressure early Monday after President Donald Trump threatened new tariffs on Chinese goods.

The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all fell by nearly 2% in early trading, throwing a wrench in what's been an impressive US stock-market recovery so far this year.President Donald Trump's weekend tweets threatening new tariffs on Chinese goods sent global markets into what one firm called a"The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all fell between 1.

UBS economists said Trump's tweets were exactly the opposite of his statements just last Friday, when he said talks between Washington and Beijing to end the trade war were going 'very well.'" The violent reaction in US equity markets has interrupted their impressive comeback from the historic sell-off that took place during the fourth quarter.

 

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Trump escalates trade war just as investors were starting to believe in stocks and economy againProfessional investor positioning and sentiment now reflects a broad acceptance of a resilient U.S. economy and the chance for further upside in the indexes through the year michaelsantoli FreeTibet FreeTaiwan Kundun Absolutely planned by realDonaldTrump No other explanation. This has nothing to do with the trade deal and everything about market manipulation. Poor babies cant sell to 401k customers at the top....Stop crying and help MAGA.
Source: CNBC - 🏆 12. / 72 Read more »