Warren Buffett Laughs Off Trump-Induced Dow Plunge

By CCN: The Dow Jones plummeted from 26,502 points to 26,160 points within minutes after the opening bell as investors expressed shock at the decision of U.S. President Donald Trump to raise tariffs to 25 percent on $200 billion worth of Chinese goods. In the hours that followed, the Dow rebounded to 26,273 points, minimizing the day’s loss to about 0.87 percent. The Dow futures market performance prior to the opening led strategists to forecast a 500 bloodbath at the opening. While it slipped by 450 points at the day’s lowest point, the U.S. stock market bellwether performed better than

The post Warren Buffett Laughs Off Trump-Induced Dow Plunge appeared first on CCN

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