Stocks Fall, Dow Loses 400 Points After Trump Threatens New Tariffs On China

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The market is down over 2% after wrapping up its best month in decades.

The Dow Jones Industrial Average was down 1.6%, nearly 400 points, at Friday’s open, while the S&P 500 fell 1.8% and the Nasdaq Composite lost 2%.that the coronavirus was manmade in a Wuhan lab, despite findings from his top intelligence officials saying otherwise. in the early stages of crafting retaliatory measures over the outbreak, according to Reuters.

Shares of Apple and Amazon fell after first quarter earnings showed the negative impact of coronavirus on both companies, dragging the market lower. in iPhone sales, with overall revenue growth remaining flat. The tech giant’s stock is down over 2% on Friday. Amazon saw its shares fall nearly 5% after the company posted first quarter profits that missed expectations and warned that it will spend“Markets are looking past 2021 earnings,” says David Trainer, CEO of New Constructs. “They see the COVID-19 impact as temporary, not permanent.

 

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100% tariff on steel would be a nice start... realDonaldTrump ChinaLiedPeopleDied ChinaMustPay thousands of union steelworkers getting laid off TODAY... I'm one of them Trump2020

Don't worry, don't panic. Since TaiwanCanHelp. TaiwanIsHelping TaiwanNo1 Taiwanhelps TaiwanModel Taiwan

burning it before everybody

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U.K. stocks and U.S. futures fall as Trump threatens China with tariffs and earnings spook investorsBritish stocks and U.S. futures moved lower early on a quiet Friday as investors digested earnings warnings, gloomy economic data and the potential resumption of U.S.-China trade tensions. 🤣🤣🤣🤣.... 'Tariffs' and 'Earnings' spook investors ..... What about the -10% to -20% crater to Q2 GDP that's coming ? Finally the markets will see some sort of reality !
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