Dow's futures contracts down 500 points on Trump's commercial threats – ETS ProShares Ultra Dow 30 (NYSEARCA: DDM)



[ad_1]

Investors are at risk of dumping in markets around the world while a stock sale occurs, following a tweet by President Trump who threatened to suspend trade negotiations with China .

With "too slow" talks, tariffs on Chinese-made goods worth $ 200 billion will increase from 10% to 25% by the end of the week and a similar levy on the additional $ 325 billion could be applied to imports from China "shortly thereafter".

The Shanghai Composite fell 5.6% on the news, Europe is down 2% and Dow futures are a dip of almost 500 points at the outset, the biggest single-day decline for US stocks.

Oil is down 2% at $ 60.70 / bbl, gold is 0.2% higher at $ 1284 / ounce and the 10-year Treasury yield is stable at 2.52%.

ETF: SPY, QQQ, DIA, SH, OSS, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQ, DOG, QLD, DXD, UDOW, SDOW, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, OTC: SFLA, QQXT, SPUU, SPXE, UDPIX, OTPIX, RYARX, SPXN, SPDN, SPXT, SPXV

[ad_2]

Source link