Markets Right Now: Worsening trade tensions sink stocks

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Worsening trade tensions between US and China rattle stock market, sending Dow Jones Industrial Average down 473 points.

FILE - In this April 11, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 7. An escalating showdown between the U.S. and China over trade sent shudders through the stock market, handing the S&P 500 is biggest loss since late March.

Stocks are falling sharply on Wall Street as the U.S. and China move closer to an escalation of their trade fight.Technology companies, which rely heavily on trade with China, bore the brunt of the selling on Tuesday. Apple lost 2.1% and Microsoft gave back 2.2% Stocks are falling sharply on Wall Street as the U.S. and China move closer to an escalation of their trade fight.

China’s top economic official will travel to Washington this week ahead of a Friday deadline by which Washington said it would sharply raise tariffs on Chinese goods.The S&P 500 fell 48 points, or 1.7%, to 2,883.

 

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Its all the 'China'

Lol it won't matter. The 2020 red hats will still be made in China. Shenanigans money.

Business Omg more people sold than bought today must find temporary blame

realDonaldTrump Are you going to take credit for this down in the market?

Trump’s Trade Team in talks with China

TeresaMWalker 😆

Calm down people it will bounce back!

Thanks Obama

The TrumpRally.

China uses cheap materials and all have toxics in them. China👎

A lot of very smart people just made a fortune buying up all the stupid democrats' stocks they sold low because they are so easily manipulated by the media. The market is back up.

American's stand with the President & are willing to suffer for the long term good of our Fellow Americans. Trump2020 fairtrade

I don’t know what to think. Gangster Al Capone said America’s real crooks work on Wall Street.

Stand your ground Mr president!

American consumers have paid $900,000 in tariffs for every steel job produced.

lehimesa The worst president ever. Tariffs are paid by you & I. This is not a trade deal policy. It's called winging it because Trump believed it 30 yrs. ago & he doesn't update his brain. Not smart wo a script from NBC.

Worsening eh?

Anyone see Market manipulation here. We. Do. “Sheep”: “What do you get for pretending the danger’s not real?”

They are making moves to ensure they don't need us if you read the Chinese side of this. If we lose China, we lose the world, and our economy is toast.

Way to go Trumpy.

The Communist Chinese are aligned with the old money Globalists - like the Rothschlids who own the Associated Press.

Say thank you president trump

the market is due to crash any minute...it is all planned.

AmericaFirst

MAGA!

Duh!

The Trump Pluinge as its called. Into a volcano

maga

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Stocks slide as Trump’s threat of new penalties scares investorsThe stock market is looking at a dark day after President Trump threatened tariffs on China, days before the two sides were scheduled to meet to finalize a deal. Stephanie Ruhle is joined by Risk Reversal Advisors’ Principal Dan Nathan and CNBC’s Dominic Chu for the latest on the markets. And just like that China lost some of its bite I wonder which one of his shady friends speculated on those markets. Can somebody give Carl Icahn a call?
Source: MSNBC - 🏆 469. / 51 Read more »