Olde Hornet
Well-Known Member
Dow drops more than 400 points after Trump orders US companies to look for ‘alternative to China’ .
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https://www.cnbc.com/2019/08/23/us-...tors-speech-from-fed-chair-jerome-powell.html
Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower.
The Dow Jones Industrial Average traded 420 points lower, or 1.6%. The S&P 500 and Nasdaq Composite slid 1.7% and 2%, respectively.
Trump tweeted on Friday: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your companies HOME and making your products in the USA.”
https://www.cnbc.com/2019/08/23/us-...tors-speech-from-fed-chair-jerome-powell.html
Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower.
The Dow Jones Industrial Average traded 420 points lower, or 1.6%. The S&P 500 and Nasdaq Composite slid 1.7% and 2%, respectively.
Trump tweeted on Friday: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your companies HOME and making your products in the USA.”