DOW closed down -0.96%, or -268.37, overnight as weighed down by new tariff threats and poor ISM manufacturing index. US President Donald Trump blamed that “manufacturers are being held back by the strong Dollar, which is being propped up by the ridiculous policies of the Federal Reserve”.
He went on further to urge Fed to “lower rates” and “loosen”, as “there is almost no inflation”. And that would make the US “competitive with other nations, and manufacturing will SOAR!
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