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Stock futures plunge, with the Dow set for a nearly 500 point drop, after China announces tariffs
U.S. stock index futures tumbled ahead of Wednesday's open, as concerns over a potential trade war between the U.S. and China intensified.
Around 7:30 a.m. ET, Dow Jones industrial average futures indicated a drop of 460 points at the start of trading in New York. The Nasdaq 100 and the S&P 500 futures also indicated heavy losses at the open for their respective markets.
The moves in premarket trade come as China announced brand-new tariffs on 106 U.S. products, including cars, whiskey, aerospace and defense, and soybeans.
https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html
U.S. stock index futures tumbled ahead of Wednesday's open, as concerns over a potential trade war between the U.S. and China intensified.
Around 7:30 a.m. ET, Dow Jones industrial average futures indicated a drop of 460 points at the start of trading in New York. The Nasdaq 100 and the S&P 500 futures also indicated heavy losses at the open for their respective markets.
The moves in premarket trade come as China announced brand-new tariffs on 106 U.S. products, including cars, whiskey, aerospace and defense, and soybeans.
https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html