Dow Drops 770 Points, Oil Surges
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Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Rises Amid U.S.-China Trade Talks; Tesla Skids On Downgrade (Live Coverage)Futures for the Dow Jones Industrial Average and other major stock indexes rose, as Wall Street awaited results from U.S.-China trade talks Monday. Meanwhile, TeslaTSLA skidded on an analyst downgrade on the stock market today.
Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Wall Street digested the progress on US-China trade negotiations and braced for the release of the May consumer inflation report.
You're not mistaken if it feels like a quiet day in the market as investors await word on U.S.-China trade talks and Wednesday's consumer-price index reading. The Dow Jones Industrial Average was up 51 points,