There has been practically one story which has been driving headlines over the last few weeks, at least so far as the US stock market is concerned. A razor-sharp focus on incremental progress between the United States and China on trade has been a bullish fundamental for the Dow Jones and its sister indices. As the Dow has now all but erased its sizeable dip in 2018, it seems a natural assumption that the market has effectively priced out the dangers of further tariffs. As is usually the case, this is an oversimplification. Trade ‘Irritant’ not ‘War’ First of all,
The post Dow Drops 200 Points: Is Stock Market Immune to Trade War Progress? appeared first on CCN
source https://www.ccn.com/dow-drops-200-points-stock-market-immune-trade-war
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