U.S. stocks erased most of their losses Monday, easing from session lows after heightened anxiety over the U.S.-China trade spat pressured major stock indexes.
The Dow Jones Industrial Average fell 66 points, or 0.3%, to 26438, after falling more than 450 points in early trading. The S&P 500 lost 0.5% and the tech-heavy Nasdaq Composite dropped 0.5%. Ten of the 11 S&P 500 sectors dropped, led by declines in industrials, materials and technology-—three areas with heavy exposure to China.
450 points is nothing. Quit drumming up unnecessary fear.
This could have been avoided if Trump would not have shot his mouth off like a idiot when he went to Europe the week before he went to China enraging our Japanese and European allies. Who knows we may have had a coalition. Now we bear the weight alone. Good work Donald.
Noise.
The impact of a US-China trade spat is greatly exaggerated, the market will get past this and refocus on what matters most eventually.
If you lost money on the stock market you can thank trump for it
250 points is still slightly?
NO DEAL unless with China unless US can get a good free trade deal --- for both sides.
Thank you for your service RampCapitalLLC.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow, stocks pare losses in afternoon trading after Trump's trade threat to ChinaPresident Donald Trump's threats on Sunday to hike tariffs on Chinese imports initially worried investors that trade tensions between the two countries were escalating. I wonder who sold their stock Friday And it can't possibly ever go back up again. Impeach!! I wonder if asshole will own it when market goes bad like he does when it’s going good! I highly doubt it
Source: USATODAY - 🏆 100. / 63 Read more »
Stocks post back-to-back losses after Powell cools rate-cut hopesU.S. stocks ended lower on Thursday, marking a second straight loss for the S&P and Dow, as equity investors hopeful of further policy easing remain...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Australia poised to decline; US-China trade talks set to resume in BeijingThe U.S. and China are set to resume trade talks later on Tuesday. U.S. Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were in 'the final laps,' according to a New York Times report from Sunday. Anyone else wonder why every week the Trump Administration sends out teasers about this trade deal, yet here we are with nothing. I wish I could short the trade deal - I bet that would be profitable. themoneygps jimcramer
Source: CNBC - 🏆 12. / 72 Read more »
Stocks in Australia set to rise; US-China trade tensions escalate againU.S. President Donald Trump said in a tweet Sunday afternoon that the current 10% levy on $200 billion worth of Chinese goods will rise to 25% on Friday. He also threatened to impose a 25% tariff on an additional $325 billion of Chinese goods 'shortly.' This is great news. Supply chain moving needs a nudge. . PUTINtrump2020 GOP = GobblingOrangePoop .
Source: CNBC - 🏆 12. / 72 Read more »
Stocks slide sharply at the open amid reignited U.S.-China trade fearsU.S. stock market benchmarks slumped at the opening bell on Monday after President Donald Trump, unhappy with the pace of progress in recent trade talks,...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks slide as Trump’s China trade threat reverberatesEquities slumped globally on Monday and Treasuries rallied after President Donald Trump’s threat to increase tariffs on Chinese imports called into question the chances of a resolution to the trade war. docrocktex26 I guess we are now seeing what else Vladimir Putin instructed his minion Trump to do. Get America & China into a costly trade war would please Putin greatly. Chinese envoys are preparing to travel to the United States, suggesting talks on ending a bruising tariff war will go ahead despite Trump's surprise threat to raise import taxes. Kick China out of the WTO until they start prosecuting the millions of knockoff and ripoff companies which flood markets with stolen designs and products. China shouldn’t have access to world markets until they get serious.
Source: latimes - 🏆 11. / 82 Read more »
Stocks sink on Trump's threat to China—Buffett, Cramer and other experts share what they're watchingThreats from President Donald Trump seemed to throw a wrench in U.S.-China trade talks this weekend, but experts say there are still ways for negotiations to move forward. jimcramer TradingNation Or - stocks regain over 400 points on initial loss to end on an upswing. jimcramer TradingNation
Source: CNBC - 🏆 12. / 72 Read more »
Fresh Trade Tensions Upend Market CalmStocks around the world dropped after the sudden intensification of U.S.-China trade tensions, sowing fears the conflict could spill over into slower economic growth. Get your cash ready, things are about to get discounted... Thanks realDonaldTrump maggieNYT As dark as it is, I find myself hoping for a recession just so we can get a reset on all this plutocratic fuckery that goes on.
Source: WSJ - 🏆 98. / 63 Read more »