Stock Market Update: Dow Gains Amid Trump's Trade Threats, Nasdaq Declines

Reported 17 days ago

U.S. stock markets experienced a mixed day, with the Dow Jones Industrial Average rising by 0.4% while the S&P 500 and Nasdaq dropped by 0.2% and 0.8%, respectively. The instability was heightened as President Trump intensified threats against China amidst increasing trade tensions, particularly over soybean purchases and cooking oil imports. Fed Chair Jerome Powell's speech hinted at possible future cuts while earnings reports from major banks brought mixed results.

Source: YAHOO

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