Here are 3 Hot Things You Should Know About Stocks Right Now
- Stocks fell sharply on Monday after China had announced that tariffs on US imports worth up to $ 60 billion were up 25% increase.
- Apple (AAPL (Get Report) shares fell more than 5% as investors worried over the impact of Chinese tariffs on the technology giant.
- Teva Pharmaceuticals (TEVA – Get Report) Collapsed After Attorney Generals from more than 40 states had charged the company with conspiracy for artificial inflation and manipulation of drug prices.
Wall Street Overview
Stocks fell sharply on Monday after China had announced tariffs on US imports into the US Up to 25% increase in value of up to $ 60 billion after collapsing last week. Trade talks between the two largest economies in the world.
China announced that the tariff increase for around 5,000 product groups on 1
The Dow Jones Industrial Average fell 583 points or 2.25% to 25,358, the S & P 500 by 2.35% and the Nasdaq by 2.95%.
Insys Therapeutics' (INSY – Get Report) shares fell 74% to 92 cents after the company considered applying for bankruptcy protection, as the financial burden of legal disputes with its role in overcoming the opioid crisis in the USA is related.
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