Dow Plunges 103 Points While Analysts Spar over Trade War’s Impact on US Stock Market

Thursday’s closing bell couldn’t come soon enough for the US stock market, which plunged across the board and prevented the Dow from crossing the 26,000 point threshold. Dow Recovers 80 Points But Still Sees Triple-Digit Loss The Dow Jones Industrial Average plunged by 103.81 points for the day, falling 0.4 percent to 25,850.63. Losses were fairly evenly distributed throughout the stock market’s other two major indices as well, as the S&P 500 and Nasdaq dropped by 0.35 percent and 0.39 percent, respectively. The market did pare losses in the minutes before the closing bell, enabling the Dow to recover by

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Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade

The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March. Kudlow: US & China ‘Miles’ Apart on Trade Deal Speaking with Fox Business, Kudlow — who has served as US President Donald Trump’s Director of the National Economic Council since 2018 — said that that world’s two largest economies had a “pretty sizable distance” to cover before they

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