Stocks skid

NEW YORK | Stocks skid as trade war worsens with new tariff threats

NEW YORK — Global stock indexes sank Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would retaliate. The dollar spiked and big exporters plunged. Companies that sell computer chips, oil, basic materials and heavy machinery dropped after the Trump administration … Continue reading NEW YORK | Stocks skid as trade war worsens with new tariff threats

Stocks skid as technology companies fall; dollar tumbles

NEW YORK/January 24, 2018 (AP)(STL.News) — U.S. stocks are sinking at midday Wednesday as losses for Texas Instruments and other chipmakers, as well as Apple, pull technology companies lower. The dollar is weaker after Treasury Secretary Steven Mnuchin said the declining dollar is good for U.S. exporters, suggesting he isn’t likely to try to stop the currency’s … Continue reading Stocks skid as technology companies fall; dollar tumbles