The Dow was up 300 points, now it's down nearly 300 points. All because of Trump's tariffs

The Dow had been up 311 points, and the S&P 500 was on pace for its best day in six weeks

New York When President Donald Trump announced a new round of tariffs on Chinese imports on Thursday, the Dow was up 311 points. Then it was down nearly 300 points.

That was the biggest swing since early January.Things had been going well for investors; stocks had bounced back from the day before. The S&P 500 was on pace for its best day in six weeks, after a poor manufacturing report gave investors hope that the Fed will once again cut rates later this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNN /  🏆 4. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow drops over 300 points as Fed cuts but signals go-slow approachU.S. stocks tumbled Wednesday afternoon after the Federal Reserve cut interest rates, as expected, but indicated it was in no rush to deliver further easing....
Read more »

Dow falls more than 300 points after Powell hints at no more rate cutsThe Dow falls more than 300 points after Federal Reserve Chairman Jerome Powell hints that today's rate cut could be a one-and-done move
Read more »

Target Bringing Back 300 Pieces From Past Designer CollabsRodarte! Jason Wu! Hunter!
Read more »

Stocks, Bond Yields, Oil Fall on New China TariffsThe Dow Jones Industrial Average erased a more-than-300-point rebound and oil posted its worst day since 2015 after President Trump said the U.S. will impose additional tariffs on China next month.
Read more »

Target Is Bringing Back Twenty Year’s Worth Of Collaborations, Including Rodarte, Proenza Schouler, and MissoniTarget is bringing back 20 year’s worth of its Design for All collaborations, including pieces designed by Rodarte, Proenza Schouler, and Missoni.
Read more »

Trump says US will impose 10% tariffs on another $300 billion of Chinese goods starting Sept.1“The U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country,” Trump tweeted.
Read more »