By CCN: The Dow Jones surged on Tuesday after the US government rolled back a handful of minor restrictions on Huawei. But traders are recklessly missing the bigger picture. Former US ambassador Curtis Chin warned this morning that the trade war with China would “get worse before it gets better” as Xi Jinping battles to “show he’s in charge.” Dow Jones Explodes Higher After yesterday’s sell-off, the Dow Jones Industrial Average zoomed higher today, gaining 125 points or 0.48 percent by midday. The S&P 500 is also seeing a strong recovery, up 20.68 points or 0.73 percent as of the
The post Dow Surges While Traders Recklessly Ignore Thundering Alarm Bell appeared first on CCN
source https://www.ccn.com/dow-surges-while-traders-recklessly-ignore-thundering-alarm-bell
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