Dow Jones Trembles after Ex-Advisor Unloads on ‘Chaotic’ Trump White House

2019-3-14 16:06

The Dow is uncomfortably timid heading into the week’s penultimate trading session, as the US stock market digests comments from former White House economic advisor Gary Cohn that paint a picture of a “chaotic” Trump administration.

Dow Takes Losses on Thursday As of 10:04 am ET, the Dow Jones Industrial Average had lost 30. 39 points or 0. 12 percent. The S&P 500 and Nasdaq also traded in the red, dropping 0. 14 percent and 0. 08 percent, respectively. Dow futures had spiked toward 25,800 earlier in the morning, only to drop back below 25,675 before reversing course once more to end the pre-market

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Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade

The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March.

2019-2-7 20:56


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