Darkest Trade War .. American Stock Market Fall

The US stock market overshadowed it on Thursday. It was found that S&P was in 500 improvement. Tariffs expanding the world’s largest economy have worried about war.

The widespread sales of tech and tech -related megacops shares have dropped Nasdaq to about 2%. Three major American stock index collapsed.

Dow Jones Industrial Average fell to 537.36 points or 1.30% 40,813.57, S&P 500 77.78 points or 1.39% fell to 5,521.52, Nasdock Composite closed at 345.44 points or 1.96% 17,303.01.

In 11 major areas of S&P500, everything except utilities ended with damage. Communication services and consumer shares have become indiscriminately.

Intel’s shares increased by 14.6%. Adobe share prices fell 13.9%. The dollar general stock rose by 6.8%. The price of Tesla Stock has fallen by 3%. The NVIDIA share price fell 0.14%. Apple’s shares fell 3.36%. Amazon stock decreased by 2.51%.

S&P 500 improvement

The S&P 500 fell 10.1% from 19 February. It has been proved that this index has been in improvement since then. The Dowons Transportation Index, considered a barometer, fell 18.9% from the November 25 record. This confirms that the index is 20% or higher than that level in the bare market.

Tariff war

American whiskey exports have been taxed in response to the most common tariff imposed by the US on steel and aluminum on American whiskey exports. In response, President Trump threatened to impose 200% tariffs on European liquor and liquor imports.

Trump’s 57% of the works in the Reuters/Ipsos survey conducted with Americans on 11–12 March said that Trump’s actions are very unstable, and 53% think that tariff war is better.

With the collapse of shares, the demand for American government bonds, which is a safe way to invest, has increased. It reduced the US Treasury yield on Thursday.

(With the information of Reuters)

,