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Trade war and president trump resuming that title of tariff man. he will impose a 10% tariff on $300 billion of chinese goods starting in september. the dow ended thursday down 280 points. that was a 600 point swing during the day. the s&p 500, the nasdaq also down. retail, tech, industrial stocks hit hard by this announcement. caterpillar down, nike and best buy had big declines. u.s. oil fell sharply down 8% indicative of the fear how the presidents trade war will hurt global growth and could ...

The president closed lower. the dow closed down 281 points reversing a nice early rally. the s&p 500 and nasdaq also lower. retail, tech, industrial stocks all hit hard by the announcement. caterpillar closed down almost 4%. nike finished more than 3% lower. look at best buy down 10%. a real concern that u.s. consumer electronics will be hit very hard. u.s. oil fell nearly 8%. that is a huge one day move and its sort of indicative of the fear of how this trade war will hurt global growth and kil...