Financial Services Since 1991

Archive for May 2019

Higher Tariffs Take Effect

WEEKLY UPDATE – MAY 13, 2019 The Week on Wall StreetAs we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. Stocks fell across five trading sessions: the Dow Jones Industrial Average lost 2.12%, the S&P 500, 2.18%; the Nasdaq Composite,…

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Market Update: Mon, May 6, 2019

Posted by lplresearch Daily Insights Trade tensions escalate again. Just as the headlines suggested a deal was close, President Trump’s threat over the weekend to raise tariff rates on $200 billion of Chinese imports and institute new tariffs on an additional $325 billion of Chinese goods has driven S&P 500 Index futures down more than 1% today. We still…

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