Stock Market Struggles Amid China Tariff Concerns
In a turbulent week for investors, stocks struggled as mixed signals emerged regarding US-China trade relations. The Dow and Nasdaq indices faced declines, with the Dow ending 200 points lower, while the S&P 500 also saw a drop. Notably, President Trump has reportedly extended the deadline for China tariffs, adding to uncertainty in the markets. Despite this, Intel showed gains, and the Nasdaq 100 reached a record high. Investors are closely monitoring inflation data and further developments in the China trade negotiations. Chip stocks have been particularly volatile, influenced by the ongoing trade discussions.
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