Stock Market Today: US and Crypto market surged today after Friday’s crash which happened due to announcement of Trump’s tariff and ban on critical software implementation towards China.
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Stock Market Today:
The Dow Jones Industrial Average (DJI) jumped over 1% or can say 400 points. The S&P 500 (GSPC) and the Nasdaq Composite (IXIC) jumped nearly 1.1% and 1.5%, respectively. After biggest fall of this financial year.
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Stock Market Today: Stock are falling in big losses after Trumps tweet to implement 100% tariff on China which will be implemented from 1st Nov. This created a new fear of US China Trade war triggered heavy sell of on wall street and it erased 2 trillion US stock market value.
President Trump Tweet of Friday
As per report many big traders who lost their money claims Trump is trying to make money by speculating the markets.
After this crash Trump again posted the new tweet mentioning relief for China from this trade war and 100% tariff, President Trump mentioned US want to help China not hurt.
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President Trumps Tweet of Sunday
This truly shows President Trump’s geo political and trade skills. He mentioned Respect for President Xi of China and mentions just had a bad moment.
Todays Market Condition
Today market will not so smooth many confusion is there, Experts says stay away from market for few days as market stabilizes everything will be fine soon. President also want stable and growing economy and market.
Source: Yahoo Finance
Disclaimer: This article is for informational purposes only and is not financial advice. Invest at your own risk.