Higher Tariffs Take Effect

Higher Tariffs Take Effect

Higher Tariffs Take Effect

Monday 13th May, 2019

As we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. Stocks fell across five trading sessions: the Dow Jones Industrial Average lost 2.12%, the S&P 500, 2.18%; the Nasdaq Composite, 3.03%. International stocks also fell: the MSCI EAFE index declined 3.06%.

PDF: 05132019CadentNewsletter.pdf