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The fall of technology stocks and industrial companies dragged Wall Street into the second trading day of the second half of the year, as the escalating risk of a tariff war between Washington and its trading partners continued to weigh on the economy. trust. [19659002] The shares of US companies sensitive to foreign trade have fallen. Those of Boeing and Caterpillar have lost more than 1.5% and those of semiconductor manufacturers have decreased, as have the securities of Chinese companies listed in the United States.
Shanghai's main stock index fell nearly 3% At the same time, US tariffs on Chinese products for $ 34 billion will come into effect on July 6, opening the door for a proportional response from Beijing .
The fear of a trade war was also compounded by the threat of the European Union imposing tariffs in the United States for nearly $ 300 billion in retaliation.
Global actions also felt the impact of a threat on the ruling coalition of German Chancellor Angela Merkel. he was shown fickle after the election victory of Andrés Manuel López Obrador, which will bring a leftist government to a moment of strained relations with the United States. [19659002] "There is not much good news for the markets earlier this week," said Scott Brown, chief economist at Raymond James.
The Dow Jones Industrial Average lost 182.28 points, or 0.75%, to 24,089.13 points. the S & P 500 general index fell 15.76 points, or 0.58%, to 2,702.61 units. The Nasdaq was down 42.64 points, or 0.57%, to 7,467.67 units
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