. Fiat Chrysler's U.S.-listed shares rose 1.9% while Ford Motor and General Motors gained 1.2% and 0.9%, respectively.
Equities initially fell after the release of weaker-than-expected economic data stoked fears that the U.S.-China trade war is dragging down global economic growth. The disappointing data from both countries comes as trade tensions between China and the U.S. have reignited. Earlier this week, China hiked tariffs on $60 billion worth of U.S. goods. The move came after the U.S. raised levies on $200 billion worth of Chinese imports. The U.S. also raised the possibility of slapping tariffs on an additional $300 billion in goods from China.
"The longer tariffs stay in place or rise in size and scope, the greater the downside risk to the U.S. growth outlook," Dimitrova said.
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TradeNeverMarry Buy Bitcoin
This market and the investors are out of their minds. I wouldn’t touch this market at all. Insane valuations and ignoring all facts and news.
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Stocks close higher for third time in four sessions on growing trade optimismU.S. stocks recovered from early morning losses Wednesday after reports that the Trump administration was taking steps to ratchet down trade tensions with... OH YEAH Trump tweets is the market now The Trump Put This is ridiculous. The one time in the last four sessions that stocks closed DOWN was a complete disaster and the 3 up days do not compensate for that. Get your act together.
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow closes down over 600 as Trump, China argue over tariffsDow closes down over 600 points after China said it would raise tariffs on roughly $60 billion worth of U.S. imports as retaliation for additional tariffs on Chinese goods. Who cares? Great news! Hopefully people will finally open their eyes and see Trump for what he is...a fraud
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Dow plunges as Trump, China argue over tariffsThe Dow drops over 450 points following an ongoing back-and-forth on tariffs between Pres. Trump and China. And so it begins I hope when theres a Dem president again we can unilaterally crash the fossil fuel and coal markets in this country to subsidize electric vehicles wind turbines and solar panels... America First!
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: ABC - 🏆 471. / 51 Read more »
Texas teen sets a national record in 100 meters (although it wasn’t a 9.98)The star of viral video in a race last month had no help from the wind this time. Do u think running a 100m in front of 10000 eyes is a small joke right😁😁😁 This isn’t “new”s. slow news day
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30 Kitchen Products Under $25 That Are 100% Worth The MoneyThese small investments will make a big difference in the way you cook! Veggetti sucks
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Ohio teen loses more than 100 pounds while walking to school every dayTwo years ago, Michael Watson was in a rut. The 6-foot-4 inch teen weighed 335 pounds and was often bullied about his weight. When he walks across the stage at graduation later this month, the McKinley High senior will be 115 pounds lighter. Only girls get to be fat and fabulous Congrats! You look healthy and awesome! Keep up your good work.
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