The Dow Jones Industrial Average jumped 49 points pre-market hours as markets digested the latest round of tariffs on Chinese products. Markets are largely relieved that the White House's latest round of tariffs is limited to a 10% markup on imports rather than the 25% rate floated earlier this month.
China is expected to retaliate with a range of aggressive trade policies. U.S. Commerce Secretary Wilbur Ross said Tuesday morning that the nation is "out of bullets" to fight back. Expect this statement to prompt significant reaction by both nations on Tuesday.
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Here are the numbers from Monday for the Dow, S&P 500, and Nasdaq:
Now here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.
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