KQED Nightly Business Report July 14, 2024
300 points, essentially gaining back what was lost yesterd wh the fed cut Interest Rates and then hinted that there might not be any re. But everything changed at midday when President Trump tweeted that he plann to impose another 10 in tariffs 300 billion of chinese goods, and the Market Reaction was immediate and sizable. The industry avera fell 280 points, 26,583. The nasdaq was down 64. The s p slipped by 26. Companies most vulnerable to higher tariffs were especially hit hard, incding caterpillar, boeing and apple. Eamon javers starts us out tonight from the whitehous reporter President T...
Source: archive.org