‘Several’ of Trump’s cabinet noms, other appointees targeted with ‘violent, un-American’ bomb threats
In afternoon trading, the Dow Jones Industrial Average fell more than 100 points points, or 0.3%, to 44,732. The blue-chip index had closed at record highs for three straight sessions.Macy’s Santa Claus poses on the floor after ringing the opening bell on Wednesday. The Dow fell after crossing 45,000.
The sentiment spread to megacaps such as Nvidia and Microsoft, which dropped 3.5% and 1% respectively, while the Philadelphia SE Semiconductor Index slid 3.2% to hit a more than two-month low. “There are questions around the effects of Trump’s stated tariff policy, which, if implemented could be pretty inflationary and so the Fed is going to have to balance itself between the economic data and the incoming administration’s policy agenda.”, including his latest stance on imports from Mexico, Canada and China, which could push up prices, spark a trade war and weigh on growth globally.
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