US stocks move broadly lower as new China tariffs kick in
https://apnews.com/16886aadca434d42acd2d4fb56a1d450
NEW YORK (AP) — Stocks fell broadly on Wall Street Tuesday as markets opened after a long weekend to expanded tariffs between the U.S. and China.
Technology companies led the decline. The sector is particularly sensitive to swings in trade relations with China and tariffs have the potential to drive up costs for gadget and chipmakers. Apple, which relies on China as a key part of its supply chain, fell 1%, while chipmaker Nvidia fell 1.5%.
US stocks move broadly lower as new China tariffs kick in
Sep 3, 2019, 3:38pm UTC
https://apnews.com/16886aadca434d42acd2d4fb56a1d450
> NEW YORK (AP) — Stocks fell broadly on Wall Street Tuesday as markets opened after a long weekend to expanded tariffs between the U.S. and China.
> Technology companies led the decline. The sector is particularly sensitive to swings in trade relations with China and tariffs have the potential to drive up costs for gadget and chipmakers. Apple, which relies on China as a key part of its supply chain, fell 1%, while chipmaker Nvidia fell 1.5%.