Dow on pace for worst week so far this year, as more data shows economy is weaker than expected

The weakness in manufacturing has raised concern over the U.S.-China trade war’s impact on the economy. The conflict started last year. Since then, China and the U.S. have slapped tariffs on billions of dollars worth of their products. Delegations from Washington and Beijing are due to meet next week in the hope of finding a consensus.

In other trade news, the White House announced it will impose 10 percent tariffs on European-made Airbus planes and 25 percent duties on French wine, Scotch and Irish whiskies, along with cheese from across the continent. The move comes after the World Trade Organization on Wednesday ruled in favor of the tariffs after years of wrangling over European government subsidies for aircraft maker Airbus. The EU has suggested it will retaliate against U.S. tariffs.

Source: Financial Digest (financialdigest.net)

Trump is slowly but surely destroying our economy and the American way of life. His chronic name calling is disgusting. He needs to go to Church and not the hate filled Televangelist on TV.

What goes down, must go up.

Because once again Democrats killing opportunity.

Gee, it’s almost like you can’t trust a guy who couldn’t even successfully run casinos in Atlantic City and a senate full of folks who like to give tax cuts for the rich and start recessions to run the economy....

maga winnng

The Banana Republic Democrat Party is on pace to get their asses handed to them in 2020.

there will be collateral damage when you impeach a POTUS

wow, who expected this? Oh thats right, everyone EXCEPT Trump

trump took a robust healthy economy given to him by Obama and wrecked it

Propaganda. Get out of your bubble.

Trump's tariffs on the EU will make this far worse.

United States Latest News, United States Headlines

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

US stock futures: Dow shows signs of life after worst day this year'Ugly is the only way to describe it,' one analyst said. 'Not quite free-fall or panic, but very ugly.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow sheds 300 points after data underlines deepening U.S. manufacturing woesStocks trade lower Tuesday as investors digest a downbeat reading on U.S. manufacturers
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow transports suffer unanimous selloff; 2-day drop is biggest in a yearThe Dow Jones Transportation Average tumbled 270 points, or 2.7, with all 20 components losing ground, led by weakness in Avis Budget Group Inc.'s stock and... Dow theory in effect...
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow falls 500 points on recession fears, political concernsWall Street takes another slide as disappointing employment data and a contraction in manufacturing activity fuel fears of a recession. realDonaldTrump Duh As soon as the market drops, MSM breathlessly suggest that a recession is around the corner. When the market recovers, the media go silent. frauds
Source: NBCNews - 🏆 10. / 86 Read more »

Dow tumbles more than 500 points in midday trade, as stock-market skid gathers steamThe Dow Jones Industrial Average late-morning Wednesday was on pace for the worst daily drop in about six weeks, with the broader market logging a fresh... Because the fakenews pumped the phoney RUSSIA RUSSIA RUSAIN scam and ukraine Dam on the American people!! SCHIFF AND CO MUST GO TO JAIL FOR CRIMES AGAINST THE USA IMO TREASON!!!IMO
Source: MarketWatch - 🏆 3. / 97 Read more »

What to watch today: Dow plunges, 2020 Dems debate gun laws, and Britain's final Brexit offerU.S. stock futures point to a lower open that would extend stock losses following the worst day for the Dow and S&P 500 since Aug. 23.
Source: CNBC - 🏆 12. / 72 Read more »