Two Fridays ago, new trade tariffs, imposed by China followed by the President Trump’s retaliatory reaction, sent the Dow Jones Industrial Average over 600 points lower, the NASDAQ 100 almost 250 points lower, and the S&P 500 almost 76 points lower on Friday.
This week, the “dysfunctional marriage” so to speak between the US and China reversed from their adversarial positions and started to play nice again.
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