dropped 3% to end the day at 7,751.77. The losses brought the Dow's decline for August to more than 4%.
"The threats always been out there but there's been no need to provoke that," said Art Hogan, chief market strategist at National Securities. "It's almost like the administration was expecting the Fed to announce a rate cut at the Jackson Hole meeting." Trump's tweets come after China unveiled new tariffs on Chinese goods. China will implement new tariffs on another $75 billion worth of U.S. goods,. The tariffs will range between 5% and 10% and will be implemented in two batches on Sept. 1 and Dec. 15.
He also noted there is no "rulebook" for the current U.S.-China trade war, adding that "fitting trade policy uncertainty into this framework is a new challenge."
Badgerman102 Buy buy buy Trumps friends will now buy more stocks , and then Trump will change his mind about China and the stocks will go back up again $$$$ insider trading 🤪
😂 nbc
I am the chosen one.
Wasn't that an objective of the TPP (Trans Pacific Partnership) that Trump withdrew US from last year -- to develop trade agreements with other low--labor--cost mfg countries in SE Asia?
We need more jimcramer and less POTUS.
The DOW has a red candle for last year. There is likely to be another one this year. DJIA
IFB TOYOGUAJARDO
Can't wait to buy dip,NVDA slumps 5% more,I'll be all in.😋😋
he can't 'order' shit, he is not a dictator no matter how bad he wants to be!
This is temporary. In the long run, it will be good if the companies move out of China.
One bright spot. Today’s Friday. The market is closed tomorrow.
What’s an indice? Did you mean index? That’s why we can’t take media seriously anymore
Sarà stato short
We'd like to hear your spin on this, Joe Kernan (who blocked me) on the Monday morning SquawkCNBC
I lost money today....
THECONSTRIKESAGAIN
It’s the Trump rally
The stable genius does not appear to know what he's doing nor how to successfully run a country. Wake up GOP and get rid of this guy before it's too late.
Can we beef up the SEC and other watchdog groups to make sure there’s no chicanery here?! shorts shortingStocks 45 is a known charlatan!! Where’s Eliot Spitzer when you need him?! EliotSpitzer
TrumpRecession hereby order realDonaldTrump to leave the country
Stock market means nothing to me ! And neither do ya’ll fake news people
Hmmm, I think it had more to do with Powell
Hopefully the watchdogs are taking a peek at his family members' portfolios for shorts!
Hahahaha
realDonaldTrump POTUS busy shorting stocks today I see. Let me guess. You’ve had the weekend to think about it and decided to postpone this action. Monday will be interesting. Buy buy buy, or is it, bye bye bye.
“All three major indica’s plunged....”, for a second I thought we were in trouble 🥺
Rou Guys no Tladee w/ China. Ha ha. We had Pran to destabirize them. No Starch Preeze. China and Japan ar number 2 and number 3 in economic output and Trump mocks Xi and Abe. He is really about to find how strong the FED IS.
And he JOKED about it. What a guy.
He’s right. There will be an economic hit at first, but, yet again. He’s right. America needs to change its relationships. This is WELL overdue.
Even his fans must allow That Trump's got a case of mad cow. He's stark raving mad Based on facts that we've had-- Or else he went short on the Dow.
The Trump Party embraces a command economy, now?
Fake news stocks crashed because of Moulton everyone knows that don’t you listen to the King of Israel MAGA2020
The global economic crisis, are you here?
and Britain trying to FOREX us!
TrumpRecession
2-3% seems like a lot for one day move but who doesn't believe we won't get that back in a weeks time, like we always have so far.
Before the stockmarket hits zero. And the economy goes to Breadlines... Call God.. And beg forgiveness for voting Trump
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