A new round of U.S. tariffs on Chinese goods went into effect over the weekend
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| | 9/03/2019 | |
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Dow Futures Signal Dreary Start to September | By Karee Venema | | Dow Jones Industrial Average (DJI) futures are spiraling this morning, as trade uncertainty swirls after a round of new U.S. tariffs on Chinese goods went into effect over the long holiday weekend. While China filed a complaint with the World Trade Organization (WTO) against these new tariffs, Bloomberg News reported the two countries are locking horns on scheduling trade negotiations. Against this backdrop, futures on the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are trading below fair value, too, in what looks to be a negative start to September. Continue reading for more on today's market, including: - Founder and CEO Bernie Schaeffer calls out the commodity ETF with the wildest September stats.
- 2 stocks propped up by insider buying news.
- Signal says steer clear of this shipping stock.
- Plus, 3 blue chips set to drop; bullish analysts blast Square; and Vertex makes a big purchase.
| >> Continue reading... | |
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