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Stock impact report

Dow futures down nearly 350 points as U.S.-China trade friction intensifies [MarketWatch]

IPIC ENTERTAINMENT INC A (IPIC) 
Company Research Source: MarketWatch
Dow futures down more than 350 points as U.S.-China trade fight deepens Stock-index futures pointed to a sharply lower start for Wall Street Monday, with Wall Street set to join a global equity selloff after China allowed its currency to fall to a more-than-10-year low versus the dollar after President Donald Trump rattled markets by imposing additional tariffs on Chinese goods. Futures on the Dow Jones Industrial Average YMU19, -1.44% fell 365 points or 1.4%, to 26,084, while S&P 500 futures ESU19, -1.58% dropped 43.65 points, or 1.5%, to 2,888.75. Nasdaq-100 futures NQU19, -2.17% tumbled 158.25 points to 7,544, down 2.1%. The S&P 500 SPX, -0.73% and Nasdaq COMP, -1.32% on Friday logged their biggest weekly declines of 2019. Shares of all 30 Dow components were lower in premarket trade . “After posting encouraging returns for July, global equity prices started the new month on the wrong foot, due to the perceived lack of dovishness by the Fed toward future monetary pol Show less Read more
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