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The Closing Bell: Dow Drops Over 200 Points As U.S. Tariffs Reignite Trade-War Fears

TedTed
edited May 2018 in The Bullpen
FYI: U.S. stocks traded lower Thursday, with the U.S. decision to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico reigniting trade-war worries.

And oil, which helped drive a rally for stocks Wednesday, remained under pressure after weekly supply data.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-05-30/asia-stocks-to-rise-bonds-fall-as-italy-woes-fade-markets-wrap

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-05-31/your-evening-briefing

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-slips-as-u-s-tariffs-spark-trade-war-fears-idUSKCN1IW1LL

MarketWatch:
https://www.marketwatch.com/story/us-stock-futures-mostly-ease-as-fresh-trade-war-fears-emerge-2018-05-31/print

IBD:
https://www.investors.com/market-trend/stock-market-today/stocks-fall-trump-trade-partners-intensify-tariff-spat/

CNBC:
https://www.cnbc.com/2018/05/31/us-stock-futures-dow-data-earnings-politics-and-italy-on-the-agenda.html

Bonds:
https://www.cnbc.com/2018/05/31/bonds-and-fixed-income-economic-data-and-fed-remarks-in-focus.html

Currencies:
https://www.reuters.com/article/uk-global-forex/dollar-vulnerable-as-italy-crisis-cools-eu-inflation-picks-up-idUSKCN1IW039

Oil:
https://www.cnbc.com/2018/05/30/oil-markets-unexpected-growth-in-us-crude-stocks-in-focus.html

Gold:
https://www.cnbc.com/2018/05/30/gold-markets-dollar-eases-from-6-12-month-highs.html

WSJ: Markets At A Glance:
http://markets.wsj.com/us

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Mixed
https://finviz.com/futures.ashx
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