- Switzer Report - https://switzersuperreport.com.au -

Trump’s trade war truce had challenges and we paid!

Friday Close
Change
Change %
Week Change %
Dow Jones
24,388.95
-558.72
-2.24%
-4.50%
S&P 500
2,633.08
-62.87
-2.33%
-4.60%
NASDAQ
6,969.25
-219.01
-3.05%
-4.93%
ASX 200
5,681.50
23.80
0.42%
0.25%
Data for week commencing 3 December 2018

Before the close, the Dow was down but you can never be certain how the index will close because the White House seems to have an endless supply of curve balls that they throw nearly daily. Want proof? Read on.

Early today, the S&P 500 headed up on Donald Trump’s economic adviser, Larry Kudlow, telling us that if the trade talks progress well, the 90-day truce could be extended. Then some time later, Donald’s trade guy, Peter Navarro told CNN that the US could walk away if the trade issues aren’t sorted within the 90-day period and resume tariff hikes!