Breaking News

Dow skitters 140 points lower amid report that Trump has another $267 billion in China tariffs ready

The Dow Jones Industrial Average sank to session lows in noon Friday industry and the wider marketplace slashed modest features amid considerations of escalating industry tensions between China and the U.S. According to contemporary experiences, together with Bloomberg News, Trump has stated that a additional $267 billion in price lists are set to be imposed towards China, a transfer that has rattled investors hoping for a detente between Beijing and Washington. Reports from Bloomberg and Reuters from Air Force One say that the ones price lists would come on most sensible of the $200 billion in items already slated to take effect soon. The Dow DJIA, -0.31% sank 140 points, or 0.5%, at 25,861, impulsively tilting decrease after a short lived stint in positive territory in late-morning moves following the experiences. The S&P 500 index SPX, -0.22% sank 0.three%, whilst the Nasdaq Composite Index COMP, -0.25% relinquished its features to show decrease, off 0.1% at 7,911.

See Full Story
Stock marketplace logs weekly loss as Trump hints at extra China price lists

U.S. stocks shut decrease Friday to retreat for the week after President Donald Trump stated the U.S. had price lists in a position to go on every other $267 billion in Chinese items, on most sensible of price lists on $200 billion in items the management is now getting ready.

Have breaking information despatched to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.