The Dow is set to drop about 200 points at Tuesday's open on Wall Street, under pressure after the Trump administration imposed more China tariffs.
broke four-week losing streaks, closing out a wild August with the worst monthly performance since May, the only other down month in 2019.Three-session winning streaks for the Dow, S&P 500 and Nasdaq appear in jeopardy ahead of the first trading day of September. But as Wall Street reflects on August, the damage seemed to hurt the collective psyche more than stock prices,.
flag at a booth during the first China International Import Expo in Shanghai.in the implementation of retaliatory tariffs. The Chinese government pushed ahead Sunday with increased duties of 5% to 10% on a variety of major American goods exported to China, including soybeans and crude oil, after Trump imposed another round of levies. However, the portion of tariffs that kicked in account for only about a third of the more than 5,000 product lines listed in Beijing's latest announcement.
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