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US stock gains evaporate as Trump turns the screw on China again- Nasdaq 100 slides

The final update here yesterday evening noted the news, that Trump had levied a further 50% tariff on Chinese imports and how that had sent US stock markets tumbling back. Well, eventually that saw the US stock markets entirely reverse their earlier session gains and then fall back towards the lows seen the day before. In fact they all closed lower and it was the Nasdaq 100 that led those losses once again. The index, which had reached a high at 18,207 earlier in the day, fell back to 16,850. It later closed 340 points lower, at 17,090. Overnight the Asian markets have all slumped again and that has pushed the Nasdaq 100 futures lower. The index was pricing an opening close to 16,500 earlier. It is right now pricing it around 16,700, but be advised this is going to change significantly many times ahead of that US opening

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