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US equity futures fell sharply Sunday after President Donald Trump announced that he would raise tariffs this week on Chinese products worth $ 200 billion, to reach 25%. Dow Jones Industrial Average – Futures Contracts
YMM9, -1.81%
sank more than 480 points, or 1.8%, while the futures on the S & P 500 index
ESM9, -1.77%
fell 1.8% and futures on the Nasdaq Composite
NQM9, -2.10%
fell 2.1%. After recovering slightly from their initial declines, futures contracts resumed Sunday night, peaking after a report that China may withdraw from scheduled trade talks this week. Last week, officials said they had made progress after the last round of talks and expressed hope that an agreement could be reached this week.
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