DJIA27034.62
LIVE-42.20(-0.16%)
NDX7850.86
LIVE-1.55(-0.02%)

Dow drops 450 points after Trump orders US companies to look for 'alternative to China'


Friday, 23 August 2019 23:35 WIB

Standard & Poor's 500Saham AS


c_740_198_16777215_00_images_assets_USMARKET_0USA-STOCKS_original.jpg

Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower.

The Dow Jones Industrial Average traded 460 points lower, or 1.8%. The S&P 500 and Nasdaq Composite slid 1.9% and 2.2%, respectively.

Trump tweeted on Friday: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your companies HOME and making your products in the USA.”

Source: CNBC


RELATED NEWS

  • Hong Kong shares extended losses Tuesday on growing geopolitical fears after the weekend attack on Saudi oil facilities, while traders were also on edge over increasingly violent protests that have ro...
  • Tokyo shares ended higher on Tuesday with the dollar's rise encouraging investors despite ongoing concern after a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index added 0.06 per...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.