Trump, Dow Jones industrial average and tariffs
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“This data further lends credence to the marginal shift we’re seeing towards a more stagflationary environment,” said Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners.
From New York Post
If it’s to get other countries to agree to trade deals, he could lower his tariffs and avoid a possible recession.
From HuffPost
Stock markets globally sold off last week after President Trump announced a minimum 10% tariff on all U.S. imports and "reciprocal" levies on nearly 90 countries.
From Yahoo
Read more on News Digest
Consumer price increases likely slowed in March due to cheaper gas, but forecasters don't expect the low inflation to survive President Donald Trump's tariff spree.
16hon MSN
Trump has said Americans may feel “some pain” because of tariffs, but he has also said the long-term goals, including getting more manufacturing jobs back to the United States, are worth it.
Wall Street skidded on Friday amid higher-than-expected inflation data and fears about the impact of President Trump's tariffs.
Stocks fell sharply in early trading Monday, extending last week's massive sell-off, as the Trump administration showed no signs over the weekend of backing down from its plan to impose wide-ranging tariffs.
The S&P 500 and Dow Jones Industrial Average closed lower on Monday, following a volatile session driven by investor fears of an economic slowdown and rising inflation, compounded by President Donald Trump’s firm stance on tariffs.
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Investor's Business Daily on MSNDow Jones Futures Tumble, But Off Lows As Trump Tariff Bear Market ContinuesDow Jones futures tumbled Monday morning, along with S&P 500 futures and Nasdaq futures, but are off Sunday evening lows. Trump tariffs triggered the major indexes' worst week since the March 2020 Covid crash.
US stocks were battered by a steep sell-off Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that escalates a global trade war.