Wall Street Mixed at Open as China Retaliates with Tariffs
[NEW YORK] Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against President Donald Trump’s reciprocal tariffs that took effect earlier in the day.
Indexes Fall Amid Trade Tensions
The Dow Jones Industrial Average fell 257.7 points, or 0.68 per cent, at the open to 37,387.91.
The S&P 500 fell 17.5 points, or 0.35 per cent, at the open to 4,965.28, while the Nasdaq Composite rose 27.5 points, or 0.18 per cent, to 15,295.441 at the opening bell.
Conclusion
The mixed performance of the indexes reflects the uncertainty surrounding the ongoing trade tensions between the US and China. As the situation continues to unfold, investors are likely to remain cautious, waiting for further developments before making any significant moves.
FAQs
Q: What is the current state of the trade tensions between the US and China?
A: The trade tensions are ongoing, with China announcing more levies on US goods in retaliation against President Donald Trump’s reciprocal tariffs.
Q: How did the indexes perform at the open?
A: The Dow Jones Industrial Average fell 257.7 points, or 0.68 per cent, the S&P 500 fell 17.5 points, or 0.35 per cent, and the Nasdaq Composite rose 27.5 points, or 0.18 per cent.
Q: What is the current value of the Dow Jones Industrial Average?
A: The current value of the Dow Jones Industrial Average is 37,387.91.
Q: What is the current value of the S&P 500?
A: The current value of the S&P 500 is 4,965.28.
Q: What is the current value of the Nasdaq Composite?
A: The current value of the Nasdaq Composite is 15,295.441.
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