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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,…
Read MoreMarket 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…
Read MoreVolatile Markets Continue
WEEKLY UPDATE – March 5, 2018 Volatility continued last week as markets posted their 1st weekly loss in 3 weeks. [1] Despite some recovery on Friday, the S&P 500 dropped 2.04%, the NASDAQ slipped 1.12%, and the Dow lost 3.05% for the week.[2] Internationally, the MSCI EAFE fell 2.91%.[3] Last week’s ups and downs began with continued questions over whether the…
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