Dow surges by 700 points
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Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The Dow Jones is up over 650 points from last Friday’s close, forming a technical rejection of the 200-day Exponential Moving Average (EMA) and reclaiming the 42,250 level for the third time this month. The major equity index remains down from its most recent highs near the 42,800 region, but momentum favors further upward moves.
U.S. stocks rose sharply Tuesday morning, with the S&P 500 rising about 1.5%, the Nasdaq gaining 2, and the Dow Jones Industrial Average climbing 473 points, or 1.1%, in a rebound from last week’s selloff.
Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
If U.S. President Donald Trump follows up on his threat of 50% tariffs on the European Union, he'd be imposing higher duties on America's ally compared with the 30% on China currently. Stream San Diego News for free,