Dow Flash Crash Will Intensify Unless Beijing Cuts the B.S.

By CCN: The Dow and broader U.S. stock market’s sudden reversal on Monday could intensify if China continues to backtrack on a new trade deal. As President Trump’s Twitter tirade revealed on Sunday, the White House won’t shy away from using tariffs to strangle China’s export industry. Dow Claws Back from Opening Bell Plunge; S&P 500, Nasdaq Follow All of Wall Street’s equity benchmarks crashed after the open Monday, reflecting a brutal pre-market session for Dow futures. The Dow Jones Industrial Average declined by as much as 471 points and bottomed at 26,033.90. It would later pare the vast majority

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source https://www.ccn.com/dow-flash-crash-will-intensify-unless-beijing-cuts-the-b-s

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