Comment on Markets rise despite China-US tariff clash

theotherbelow@lemmynsfw.com ⁨5⁩ ⁨days⁩ ago

Its beyond dumb to comment on an opening market and speak to the whole day.

Funny enough from A.P. : apnews.com/…/stock-market-economy-tariffs-updates…

“U.S. stocks dropped after a second day of stunning reversals. The S&P 500 fell 1.6% Tuesday after wiping out an early gain of 4.1%, which had it on track for its best day in years. That brought the index nearly 19% below its record set in February.

The Dow Jones Industrial Average dropped 320 points after giving up an earlier surge of 1,460, while the Nasdaq composite lost 2.1%. Uncertainty is still high about what will do with his trade war. including a massive 104% levy on Chinese imports, are scheduled to kick in after midnight.”

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