Wall Street slides at open as Trump warns of new tariffs on China

Wall Street slides at open as Trump warns of new tariffs on China thumbnail
The Dow Jones Industrial Average fell 224.94 points, or 0.92 percent, at the open to 24,120.78. US stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.The Dow…

The Dow Jones Industrial Average fell 224.94 points, or 0.92 percent, at the open to 24,120.78.

US stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.The Dow Jones Industrial Average fell 224.94 points, or 0.92 percent, at the open to 24,120.78.The S&P 500 opened lower by 43.34 points, or 1.49 percent, at 2,869.09. The Nasdaq Composite dropped 208.26 points, or 2.34 percent, to 8,681.29 at the opening bell.Moneycontrol Ready ReckonerNow that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.First Anniversary Offer: Subscribe to Moneycontrol PRO’s annual plan for ₹1/- per day for the first year and claim exclusive benefits worth ₹20,000. Coupon code: PRO365
First Published on May 1, 2020 07:24 pm
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