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Friday, 04/06/2018 4:49:50 PM

Friday, April 06, 2018 4:49:50 PM

Post# of 596
« ...Stocks got smoked Friday as fears of a trade war spiked »!
The Dow fell as much as 700 points before finishing the day down 2.2%

http://markets.businessinsider.com/news/stocks/dow-jones-stock-market-tumbles-as-trade-war-fears-mount-2018-4-1020705440

« ...US stocks tumbled Friday, with the Dow Jones industrial average falling more than 700 points, or about 3% at its lowest point, as fears of a global trade war continued to mount. Here's how all three major indices finished the day:

Dow Jones: 23,933 (-571 points or 2.33%)
S&P 500: 2,604 (-58 points of 2.20%)
Nasdaq: 6,926 (-150 points of 2.12%)

President Donald Trump said Thursday that "in light of China's unfair retaliation" to proposed US tariffs on $50 billion worth of imports from the country, he had instructed the office of the US Trade Representative to "consider whether $100 billion of additional tariffs would be appropriate."

« ...US stocks fall sharply on rising trade war fears

Chinese officials and US Treasury secretary stir anxieties about tit-for-tat tariffs

https://www.ft.com/content/623ce760-39a5-11e8-8b98-2f31af407cc8
« ...Larry Kudlow: 'There may be negotiations in the next couple of months. I hope so. I think everyone hopes so.' ... » Reuters wrote...
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