Is & P 500 dropped 2% after Trump threatened many numbers in China

S & P 500 threw two percent after the US President Donald Trump exchanged months for months to threaten high tax prices in China. The biggest average of Wall Street’s health facing its worst loss since April.

Dow Jones Cover of 622 Fell Fell-points, and NASDAQ Comporta Sack 2.7 Percent. The shares followed the smallest morning, until Trump was taken from his communication platform and said he looked at a significant increase in shop tax rates.

It is upset with Chinese boundaries and put shipments on its unusual world, which is important in the making of everything from the consumer electronic to jet engines.

“We have been touched by other angry countries in the largest trade union, which was located,” says Trump on social truth. He also said that “it seems that he is not a reason to” meet with Chinese leader, Xijing, after agreeing to do so as part of the coming trip to South Korea.

The highest ratchet in the two largest economic unity is caused by the Wall Street, with four shares of four shares. Everything came into large technology companies such as nvidia and apple in custody cells of small companies want to find uncertainty in tax and trade prices.

US shares are already responsible for their criticism that their prices have been very shot after 35 percent of approximately April sending S & P 500 to record height.

Critics say that the market looks very expensive after prices get up immediately than the organization’s benefits. Problems are highly high for companies in the technical-intelligence industry, where comparison is done on the DOT-Com Bubble in 2000 who keeps the appeal. For stocks look very expensive, or their prices need to fall, or profit requires increasing.

Levi Strauss decreases 11.4 %.4 percentage of market loss, or reports the most recent quarter of the recent critics.

Its attitude for the full year profit was within the width of Wall Street ratios, but jeans and a clothing company could be facing the challenge of expectation expected. Its stock price entered the day and steps of stellar about 42 percent for the year so far.

Fuel markets are firmly reacting

Some of the most strong Friday steps were at the oil market, where the price of the Benchmark bus crudse Sank 4.1 percent $ $ 58.99 with us.

As a resident among Israel and Haashites, they began working in Gaza, raising the lowly of the younger violence in Middle East. The end of the war can remove anxiety about oil, which have stored a cracked price than that should be.

Brent Crude, Normalities of the World CRUDE, toss 3.9 percent to $ 62.66 per barrel. In the bond market, the harvest at the 10th anniversary has gone to 4,07 percent from 4,14 percent to the end 4.14.

The University of Michigan report suggested that emotions between us are consumers living on dooldrums.

“Pocketbook problems such as higher rates and jobs decreases in the mind of consumers, according to Joanne HSU, the Director of Consumer Surveyor.

The work market has reduced so much that the Federal Reserve determines its interest rate in the past month this year. The authorities to be launched have also shipped several large cuts at the end of the following year to give the economy into a more economical room.

But the chairman Jerome Powell also said that he should burn the course when the inflation is remarriable. That is because the inflation rates can oppress the highest inflation.

A promotional signal from the University of Micro’s Preminant Survey means inflation in the next year enteringes less than 4.6 percent from 4.7 percent month ago. While that is still high, the direction of change can still help restrict the pressure of inflation.

In stock markets abroad, indicators fall across Europe and Asia.

Hong Kong’s Hang Seng Fell 1.7 percent, and Nikkei from Japan 225 dropped 1 percent of the big movement. But Korea of ​​the Korean Korea jumped 1.7 percent after recreational trading followed the holiday.