An escalating trade dispute between the United States and other leading economies battered U.S. stocks on Monday, handing the S&P 500 and Nasdaq their steepest losses in more than two months. The Dow Jones Industrial Average ended the session below its 200-day moving average for the first time since June 2016. The S&P 500 tumbled as much as 2 percent early Monday on reports that the U.S. Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. tech firms. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774Monday, 25 June 2018
Wall Street Pummeled By Escalating Trade Threats
An escalating trade dispute between the United States and other leading economies battered U.S. stocks on Monday, handing the S&P 500 and Nasdaq their steepest losses in more than two months. The Dow Jones Industrial Average ended the session below its 200-day moving average for the first time since June 2016. The S&P 500 tumbled as much as 2 percent early Monday on reports that the U.S. Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. tech firms. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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