Wall Street opens sharply lower as tariffs hit home and global worries mount – AOL Finance

Wall Street opened sharply lower on Tuesday morning, after disappointing quarterly earnings from strong drivers on the Dow Jones Industrial Average added to mounting geopolitical concerns that fueled a plunge in global markets overnight.The Dow fell by over 400 points amid a glut of less-than-stellar corporate earnings and global unease over President Donald Trump’s escalating trade war with China and fears of Saudi Arabia isolation as the U.S. weighed possible retaliatory measures for the death of journalist Jamal Khashoggi.Major Dow components Caterpillar and 3M pulled down the blue-chip index.

Source: Wall Street opens sharply lower as tariffs hit home and global worries mount – AOL Finance

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.