Trade worries sink US stocks; China pork duty hits Tyson
Published on April 02, 2018 at 05:51PM by By MARLEY JAY, AP Markets Writer
NEW YORK (AP) — U.S. stocks are tumbling Monday after China raised import duties on U.S. pork, apples and other products. Tyson Foods is among the biggest losers on Wall Street. Investors are also dumping some of their recent favorites, including retailers like Amazon and technology companies such as Microsoft. Health insurer Humana is jumping on continued reports Walmart might buy the company or announce a new partnership with it. KEEPING SCORE: The Standard & Poor's 500 index skidded 58 points, or 2.2 percent, to 2,582 as of 11:38 a.m. Eastern time. The Dow Jones industrial average lost 442 points, or 1.8 percent, to 23,660. The Nasdaq composite slumped 190 points, or 2.7 percent, to 6,872.
Published on April 02, 2018 at 05:51PM by By MARLEY JAY, AP Markets Writer
NEW YORK (AP) — U.S. stocks are tumbling Monday after China raised import duties on U.S. pork, apples and other products. Tyson Foods is among the biggest losers on Wall Street. Investors are also dumping some of their recent favorites, including retailers like Amazon and technology companies such as Microsoft. Health insurer Humana is jumping on continued reports Walmart might buy the company or announce a new partnership with it. KEEPING SCORE: The Standard & Poor's 500 index skidded 58 points, or 2.2 percent, to 2,582 as of 11:38 a.m. Eastern time. The Dow Jones industrial average lost 442 points, or 1.8 percent, to 23,660. The Nasdaq composite slumped 190 points, or 2.7 percent, to 6,872.
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon