If someone hoped that after yesterday's shopping madness today we are waiting for extra time, he quickly disappointed. Already at the opening, all the main Wall Street indexes shone red.
Let's remind. Dow Jones Industrial started from 2 % Under the line, S&P 500 lost 2.4 percent at the opening, and Nasdaq, in recent days, the most variable, reduced by 2.76 percent.
A few hours of listing later, and the declines only grow. Around the halfway area of the session at Wall Street Dow Jones Industrial, it already loses 4 percent, S&P 500 drops by 5.5 percent, and Nasdaq by 4.7 percent.
It is worth emphasizing here, however, that large fluctuations, which means that the above values may change quickly.
During the day, declines have firmly accelerated after the White House communication, which it clarified, How much duties will be taken to goods imported from China to the USA. It explained that the new rate for the Middle Kingdom is actually 145 percent, not 125 percent.as the US President Donald Trump wrote yesterday on the Social Service Entry on the Social Service. It was explained that this value – 145 percent – results from a simple calculation. Mentioned by Trump 125 percent Plus 20 percent, which have already been imposed on China as part of the retaliation for Fentanyl.
