New York (AP) – American actions decrease while investors around the world are moving away from the United States due to the uncertainty caused by the trade war of President Donald Trump. The S&P 500 was less than 1% at the start of negotiations on Monday and 14.9% below its record set two months ago.
The industrial average of Dow Jones fell by 287 points and the composite of the Nasdaq was 1.4% lower. The bonds of the Treasury and the value of the dollar have also sank while retirement continues the American markets.
The concerns also hang on the market about Trump’s anger against the president of the Federal Reserve Jerome Powell. Trump last week again criticized Powell for not having reduced interest rates.
Originally published:
California Daily Newspapers
