Trump’s Trade War Bombshell Pummels Dow, But Bitcoin Mounts Recovery

2019-2-8 17:02

The battered US stock market enters the week’s final trading session with little hope of patching its previous-day wounds. Rather, trade war pessimism looks poised to deal further blows to the Dow and its peers, which are currently steeling themselves for major opening bell losses.

The mood is slightly more positive in the cryptocurrency market where the bitcoin price has made a slight recovery. Dow Preps for Triple-Digit Decline As of 8:55 am ET, Dow Jones Industrial Average futures had declined 97 points or 0. 39 percent, implying an opening bell drop of 102. 53 points. Dow futures had traded lower

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