Friday, May 31, 2019

Dow falls on Mexican tariffs

Stocks, already rattled by the US-China trade war, were set to fall sharply Friday after President Donald Trump announced new tariffs on Mexican imports.
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Dow falls on Mexican tariffs
Stocks, already rattled by the US-China trade war, were set to fall sharply Friday after President Donald Trump announced new tariffs on Mexican imports. Read more »
 
Amazon's reported interest in Sprint's Boost is 'economically insane,' analyst says
There's a report that Amazon might want to buy Sprint's Boost Mobile business. But one veteran telecom analyst, Craig Moffett of the research firm MoffettNathanson, bluntly dubbed the speculation as "batsh*t crazy." Read more »
 
Tariffs on Mexico will hurt American business
Tariffs on Mexico will be bad for American business. Period. How do we know that? Because other tariffs are already hurting American companies. Read more »
 
China's nuclear option of dumping US debt would backfire
The United States is mired in an intensifying trade war with its biggest creditor, raising the specter that China could go nuclear by dumping its $1.12 trillion of US Treasuries. Read more »
 
Why Mexico is so important to the American auto industry
Building a car in the United States, and buying one, could get a lot more expensive. Read more »
 
The reason why the Fed could be pressured to raise rates
The tariff-induced market meltdown is increasing the probability that the Federal Reserve could cut interest rates later this year. Read more »
 
 
 
 
Dow Nasdaq S&P
-354.84   -114.57   -36.80
24,815.04   7,453.15   2,752.06
-1.41%   -1.51%   -1.32%
YTD +6.38%   YTD +12.33%   YTD +9.78%
 
Biggest Winners
Cooper Companies Inc +3.96%
 
DISH Network Corp +3.88%
 
Dollar Tree Inc +3.34%
 
Newmont Goldcorp Corp +3.12%
Biggest Losers
Gap Inc -9.32%
 
Sysco Corp -7.65%
 
Mattel Inc -7.16%
 
Aptiv PLC -6.74%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $53.34 -0.16 / -0.30%
Gold $1,305.90 +0.10 / +0.01%
10-yr 2.14% -0.08
Euro $1.12 +0.00 / +0.33%
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