Fear of financial recession with Trump trade war .. trembling stock market

Stock market update 11 March: US President Donald Trump emphasized a trade war. Nasdock lost 727 points or 4% on Monday. This fears that the trade war will lead to an economic downturn. The ups and downs on Wall Street can also affect the broker street of the domestic stock market.

S&P fell at a low of 155.64 points or closed at 5,614.56 after September 2.70%. Its biggest daily decline after December. Dowzones fell to 41,911.71 industrial average 890.01 points or 2.08 %. It ended at the minimum after 4 November. The return on the 10 -year treasure in the bond market fell from 4.32 percent to 4.21 percent.

This is a trump reaction

Asked by Fox News Channel Trump, he said, “I hate assessing such things. It is an infection period, because the work we are doing is very big. We are bringing money back to the United States. It takes some time,” he commented.

Federal Reserve Chairman Jerome Powell said that the US economy was in a strict position, but it was necessary to be cautious to reduce debt costs.

In Megacap shares, NVDDIA declined by 0.70 %. The meta platform and Amazon fell 0.44 percent and 0.35 percent respectively. Apple stock declined by 0.60 percent.

Elon Musk Tesla fell 0.81% with the first quarter delivery estimate of UBS and reduced the price target on stock. JP Morgan Chase and Goldman Sachs shares were 0.25 percent and 0.06 percent respectively.

Cryptomket

Crypto shares declined with a decline in bitcoin value. Micostrati lost 11.7 percent, coin base 10.2 percent and rights rights.

Gold prices fell as soon as the US dollar rises slightly. Spot gold fell 0.2 % to $ 2,905.05 per ounce. Spot silver costs $ 32.55 an ounce.

Crude oil prices have fallen with signs of economic weakness of the world’s two largest raw consumers. West Texas Intermediate fell more than 15 percent more than $ 67 per barrel compared to January.