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Tuesday, June 26, 2018

NEWS ALERT : Stocks Fall as Trade-War Fears Rattle Markets

‎NEWS ALERT : Stocks Fall as Trade-War Fears Rattle Markets

U.S. stocks pared some of their steep early-session declines as a senior trade adviser to President Donald Trump said on CNBC there are "no plans to impose investment restrictions on any countries that are interfering in any way" with the U.S.

The Dow Jones Industrial Average lost as many as 497 points before paring losses to close down 328 points, or 1.3%, at 24253. The S&P 500 fell 1.4%, while the tech-heavy Nasdaq Composite lost 2.1%, marking both indexes' largest daily percentage declines since early April.

Impact : Medium 
Sentiment : Bad for Asian Stocks, Good for Safe-Haven


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