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.
During the day, the situation changed dynamically, and the valuations went up once, it was down again. However, the trend was clear and it was a downward trend. On the halfway point Dow Jones Industrial lost 4 percent, S&P 500 dropped by 5.5 percent, and Nasdaq by 4.7 percent, and it should be noted that it was not the extremm in the minus that indexes reached during the day.
However, the other half of the quotations brought a change. The buyers were slowly gaining an advantage, which meant that the declines at the end of the day were much lower than we watched a few hours ago.
Dow Jones Industrial finished the day with a result of 2.5 percent. On the downside, the S & P 500 wide market index finished with a score of 3.46 percent. Under the line, and the technological Nasdaq, which remains the most variable index, lost 4.31 percent.
The ratings overseas were largely under the dictation of the White House. During the day, declines have accelerated after a message he specified, 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. It was explained that this value – 145 percent – It 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.
A few hours later, the investors got a new signal from Washington, which This time he encouraged to buy. Donald Trump stated, when asked about the future of the US trade policy, that he did not exclude the extension of the suspension of tariffs.
“We have to see what will happen then,” said Trump at the office meeting.
