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Ohhh the humanity on BONDS & “BUNDS” :woohoo: :woohoo: :woohoo: :woohoo:
[size=5]Dow 26,252.24 49.51 0.19%
S&P 500 2,922.95 -1.48 -0.05%
Nasdaq 7,991.39 -28.82 -0.36%
Gold 1,508.80 -6.90 -0.46%
Oil 55.40 -0.28 -0.50%[/b][/color][/size]
China levy retaliatory tariffs on another $75 billion of US goods
Trade tensions continue to escalate between the two countries
To raise import tariff rate on some US goods
New tariffs will range from 5% to 10%
New tariffs will go into effect on 1 September and 15 December
A total of 5,078 US products will be affected, notably autos
To resume 25% tariffs rate on US autos on 15 December
To impose extra 5% tariffs on soy beans from Sept 1[color=red][b]Market Summary > General Motors Company
NYSE: GM
Pre-market 36.57 −0.69 (1.85%)Market Summary > Ford Motor Company
NYSE: F
Pre-market 8.87 −0.17 (1.88%)Market Summary > Fiat Chrysler Automobiles NV
NYSE: FCAU
Pre-market 12.60 −0.17 (1.33%)Market Summary > Tesla Inc
NASDAQ: TSLA
Pre-market 219.33 −2.82 (1.27%)[/b][/color]Risk Markets Rocked After #Trump Responds To China Ordering American companies to immediately start looking for China alternatives
POTUS tweet was written with Navarro and Lighthizer by his side.
Meanwhile over in Europe …
Boris Johnson says #Brexit deal ‘is not going to be easy’ and persuading EU to change stance to ‘take some time
The world has a few issues
[size=5][color=red][b]Dow 25,628.90 -623.34 -2.37%
S&P 500 2,847.11 -75.84 -2.59%
Nasdaq 7,751.77 -239.62 -3.00%
Gold 1,538.80 30.30 2.01%
Oil 53.77 -1.58 -2.85% [/b][/color][/size]
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