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Trump's Post Claims CN Will Have No Problem; US Stock Futures Rebound Radically
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Yesterday (12th), US President Donald Trump posted again to reassure the market, saying there is no need to worry about China, as China will have no problem, after he had previously posted on social media stating that a 100% tariff will be added on Chinese goods from next month, sparking financial market turbulence. He stated that Chinese President Xi Jinping does not want China's economy to falter, and he personally does not wish for it either, adding that the US hopes to help China, not harm it. After US stock futures plunged last Friday (10th), they rebounded considerably in early Asian trading. The DJIA futures spiked 368 points to 46,074; the S&P 500 hiked 73 points to 6,669; and the Nasdaq 100 shot up 385 points to 24,782. AASTOCKS Financial News Website: www.aastocks.com |
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