Money and business

After the trade war ignited, US stocks closed with a sharp decline


at Friday fell sharply.

The index (

American stocks

While the Nasdaq Composite Index fell by (3.56%), equivalent to (820.20) points, to close at (22207.28) points.

The Dow Jones Industrial Average fell by (873.58) points, or (1.88%), to end its trading at (45480.04) points.

Trade War

It is noteworthy that the American President announced that he would impose additional tariffs of 100% on
The New York Stock Exchange fell sharply in light of the sudden rise in tensions between the two economic powers in the world, which were engaged in thorny trade negotiations.

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