Stock Markets down

Stock market update 2nd August 2019 – FTSE 100 down 2.3%

Closing positions of: FTSE 100, DAX, DOW, S&P 500, NASDAQ, NIKKEI & GOLD

I trade these indices on a regular basis

FTSE 100 – closed at: 7407 (down 2.3%)

DAX – closed at: 11872 (down 381 pts)

DOW – closed at: 26485 (down)

S&P 500 – closed at: 2932 (down)

NASDAQ – closed at: 8004 (down)

NIKKEI – closed at: 21087 (down 454pts)

GOLD – closed at around: $1,447 (up)

Note

FTSE 100 falls

FTSE 100 closes down 2.3% at: 7407 – a fall of around 177 pts on the day.

Trump, trade, tariffs and tweets

Stock markets experience significant falls as Trump introduces additional tariff threats on Chinese imports. A new tariff of 10% on $300 billion worth of Chinese imports will be introduced beginning 1st September 2019.

Stock markets immediately go in to reverse. UK, U.S., EU and Asian markets all fall.

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