Northern Wyoming News - Serving the Big Horn Basin for over 100 years

AP Markets Writer 

Stocks surge as market escapes early plunge on trade fears


April 5, 2018

NEW YORK (AP) — After an early jolt, stocks rallied and finished higher Wednesday as investors bet that back-and-forth tariff threats between the U.S. and China won’t blossom into a bigger dispute that damages global commerce.

The Dow Jones industrial average plunged 501 points after the opening bell but made it all back, and more. Household goods makers, retailers and homebuilders led the way while technology companies reversed some early losses. But two major targets of China’s possible tariffs, aerospace company Boeing and farm equipment maker Deere, finished lower.

The early decli...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019