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US Stocks Slump, Dow Hits 1-Month Low (Market Trading)
December 3, 2019โข93 words
#DOWWall Street opened lower on Tuesday on increased doubts over whether a trade agreement between the US and China can be reached after President Trump said a deal might only happen next year. On Monday, Washington announced tariffs on US steel and aluminium imports from Brazil and Argentina and threatened to impose duties on some French products. The Dow Jones lost 421 points or 1.5% to one-month low, the S&P 500 declined 38 points or 1.2% and the Nasdaq traded 105 points or 1.2% lower aro...
Read postAsian Markets Drop After New US-China Dispute (Market Trading)
December 4, 2019โข218 words
#Nikkeiย Asian stocks declined on Wednesday after the United States House of Representatives passed the bill condemning alleged human rights violations committed by the Chinese government officials in the province of Xinjiang. Chinese Foreign Ministry urged Washington to stop interfering in its internal matters.US Commerce Secretary Wilbur Ross stated that reaching a "proper" trade deal with Beijing is more significant than the particular moment it gets finalized, while a report claimed that even...
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