Author Topic: S&P 500 on course to snap 8-day winning streak after Trump tariff threat  (Read 982 times)

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Offline libertybele

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Well, it seems when Trumps talks, the markets listen.

S&P 500 on course to snap 8-day winning streak after Trump tariff threat

U.S. stocks opened lower on Tuesday after the Trump administration threatened to slap tariffs on the European Union. The S&P 500 SPX, -0.52% was down 0.3% to 2,887. The Dow Jones Industrial Average DJIA, -0.74% shed 131 points or 0.5% to 26,189. The Nasdaq Composite COMP, -0.23% was down around 0.4% to around 7,919. The office of the U.S. Trade Representative said it would place import levies on European goods in retaliation against the EU's financial support for aircraft manufacturer Airbus SE. President Donald Trump said in a tweet that the EU had taken advantage of the U.S...............

https://www.marketwatch.com/story/sp-500-on-course-to-snap-8-day-winning-streak-after-trump-tariff-threat-2019-04-09?mod=mw_theo_homepage

Offline Applewood

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Well, S&P didn't soar today.  Tarriff threat being blamed:

S&P 500 snaps 8-day winning streak as Trump threatens tariffs on $11 billion of EU goods

https://www.marketwatch.com/story/stock-market-futures-edge-lower-as-us-threatens-european-tariffs-2019-04-09?mod=community-commons