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Stocks close mixed after Trump reportedly OK’s additional tariffs on $200 billion worth of Chinese imports





Donald Trump Xi Jinping

Stocks closed mixed Friday, surrendering earlier gains after Bloomberg reported President Donald Trump instructed his administration to follow through with tariffs on roughly $200 billion worth of Chinese imports — despite a fresh round of trade negotiations between the world’s largest economies having been proposed days earlier.

Here’s the scoreboard:

Dow Jones industrial average: 26,154.40 +8.41 (+0.03%)

S&P 500: 2,905.19 +1.01 (+0.04%)

Nasdaq Composite: 8,010.04−3.67 (-0.05%)

Shares of large-cap industrial stocks like Caterpillar (-0.6%) fell following the report. <a target="_blank" read more >>>

Source:: BusinessInsider.Com

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