CNBC Mad Money July 14, 2024
Dutyfree. Sounds a lot like falling stock prices, doesnt it the averages started strong. But after the news broke the dow ended up plunging 281 points s p plummeted. 90 , the nasdaq fell 1 . One fell swoop, President Trump has given the hard liners exactly what they want if you import goods from china, hes making you pay, no exceptions that includes the iphone no wonder apples stock reversed it went from up big to just, well, ugly because its the most visible importer suddenly everything either they need to eat the tariffs or they need to make their phones even more expensive relative to samsu...