Dow drops 750 points, markets rattled after China lowers currency following new Trump tariff threats

Share:

U.S. markets slid sharply following the weakening of the Chinese yuan against the dollar, a flash of steel after President Donald Trump’s surprise threat of 10 percent tariffs on $300 billion of Chinese goods. All the major indices, the benchmark Dow Jones, S&P 500 and Nasdaq Composite, fell as much as 3.6 percent by 2 p.m. ET on Monday. The Dow dropped over 750 points to about 25,700 points, a 2.8 percent dip. The Nasdaq fell by nearly 3.6 percent. The S&P 500 headed for its worst day of 2019.

Full Story @ NBC News

Follow Blog via Email

Enter your email address to follow this blog and receive notifications of new posts by email.

Media Bias Fact Check LogoProtecting you from fake news sites since 2015

1 Comment on Dow drops 750 points, markets rattled after China lowers currency following new Trump tariff threats

  1. Phil Johnson // August 5, 2019 at 2:53 pm //

    Take a deeeeep breath — God is watching, and He still loves us, no matter what. Time to regroup, folks; be Socratic and ask questions, like, “where are we going?”, “how can I help my fellow citizens who are worse off than I am?”. Lord, help us in our needs.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

[the_ad id="86448"]