Trade war heats up; Chip deal; Apple event – CNN

Trade war heats up; Chip deal; Apple event  CNN

1. Trade war escalates: The trade war between the United States and China is heating up just as President Donald Trump threatens new tariffs on goods from Mexico. For markets, that’s a tough pill to swallow. US stock futures point to a difficult start to the week after the Dowfinished below 25,000 for the first time in four months on Friday. Dow futures were down 120 points on Monday, or 0.5%. The S&P 500 is poised to drop 0.4%, while the Nasdaq could shed 0.5%. China increased tariffs on $60 billion worth of US goods last week in retaliation for the latest hike from the United States. In a…

Source: Technology News Feed