Saturday , February 4 2023

U.S. Stocks Mixed After Trump Warns on China Tariffs


U.S. Stocks bounced between small gains and losses Tuesday after President Trump threatened additional tariffs on Chinese goods, stymieing a brief stock-market rebound.

Shares of industrial and material companies notched some of Tuesday's biggest declines, as trade-sensitive stocks like Caterpillar and 3M dragged the Dow Jones Industrial Average lower. Falling shares of United Technologies also weighed on the blue-chip index after the conglomerate's announcement that it would split itself into three companies.

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