Stock Market Today: June 19, 2018
William G. Ferguson and Mario Ferro | 06/19/2018
The U.S. equity markets opened today’s session down sharply, but things improved modestly as the day wore on. The continued slide in stocks was largely attributed to escalating trade tensions between the U.S. and China. Over the weekend, China declared a new round of tariffs on U.S. goods in response to the 25% duties on $50 billion of Chinese merchandise announced by the Trump administration last Friday.