It retracted the gains of Wednesday .. The American stock market is closed on a decrease

American stocks fell at the end of the Wall Street trading Thursday from their historical gains on Wednesday.
The “Standard & Poor’s 500” index fell by 3.5%, and the Dow Jones Industrial Index fell by 2.5%.
The Nasdaq Synod index decreased by 4.3%.

Midnight trading

American stocks reduced their early losses in trading on Thursday afternoon on the Wall Street Stock Exchange, after it had achieved historical gains yesterday against the backdrop of US President Donald Trump’s decisions regarding customs duties.

The Standard & Poor’s 500 index fell to American stocks 3.6% in the afternoon, while it had declined by 5% by the afternoon today, to lose more than half of the gains it achieved yesterday, after the White House announced today the increase in fees on Chinese goods to 145%.

Trade war

“Everything is still very volatile because with Donald Trump does not know what you are waiting for … this is a great ambiguity in the market. The risk of recession is still standing,” said Francis, CEO of Geo Sikorite.
At the same time, China has begun to communicate with other countries to deepen its trade relations, in light of the escalation of its trade war with the United States.