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US authorities on Tuesday released a list of several thousand Chinese articles that the administration of US President Donald Trump wants to tax. Beijing has threatened to retaliate.
The industrial sectors, including Boeing, 3M and Caterpillar, were severely affected by the recent US-China trade dispute, the most affected by the Dow index.
7%, also negatively affected the market. Freeport-McMoRan shares fell 3.9%, with copper prices falling to their lowest level in almost a year.
Investors predict that concerns about trade may disappear with the second plan.
The results of JPMorgan Chase and other major banks will be announced on Friday.
The Dow Jones Industrial Average index ended Wednesday at 0.88%. at 24,700.45 points. The S & P 500 index lost 0.71%. at 2,774.02 points. Most technology companies in their list of Nasdaq Composite lost 0.55%. The S & P 500 index of the energy sector lost 2.2%, in response to the sharp drop in oil prices brought about by the news of Libya and the worsening of the trade dispute between the United States and China.
the service sector is the only one to have recorded positive sales growth of 0.9%.
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