Detailed text transcripts for TV channel - CNN - 20190802:09:51:00
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 president's trade war will hurt global growth and could crimp the demand for oil. important piece of economic data. the jobs report will be released in h...
Source: archive.org