R
Robostyle
Well-known member
How much of your income do you have invested in the US stock market?Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies
New York
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US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.
The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid 3.56%.
The S&P 500 and Nasdaq each posted their worst day since April as a slide in tech stocks led the market lower. The Dow posted its worst day since May. The S&P 500’s drop of 2.71% saw the index shed roughly $1.56 trillion in market value in one day, according to FactSet data