Dow Jones Industrial Average (^DJI)
| Previous Close | 39,431.51 |
| Open | 39,466.80 |
| Volume |
| Day's Range | 39,371.92 - 39,616.41 |
| 52 Week Range | 32,327.20 - 39,889.05 |
| Avg. Volume | 349,199,016 |
Yahoo FinanceWhy the 2024 meme stock action is much tamer than 2021 — so far
The current 2024 meme stock moment feels like a callback from 2021's big retail saga that resulted in a movie. But despite some big pops in GameStop and AMC, this time has some key differences.
- Yahoo Finance Video
Biden's tariffs on China likely won't create inflation: Analyst
The Biden administration has unleashed a wave of new tariffs targeting $18 billion worth of Chinese goods, further escalating tense trade relations between the two nations. American Enterprise Institute Senior Fellow Zack Cooper joins Market Domination to provide his insight on the outlook for China moving forward. Cooper argues that Biden is "taking a page out of the Trump playbook" by implementing these new tariffs. He notes that the tariffs could create "a near-term challenge" for Chinese electric vehicles, as the Biden administration "had to take action pretty soon" to prevent an influx of Chinese electric vehicles entering the United States. Cooper further emphasizes that this concern extends beyond the electric vehicle sector, stating, "We know that there's a lot of Chinese overcapacity in some of the other areas that the tariffs were raised." Addressing concerns about potential inflation resulting from these tariffs, Cooper says, "I doubt, unless there's a really serious Chinese response, that we're gonna see that much inflation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Yahoo FinanceBiden expects China to retaliate to new tariffs. Here's what that might look like.
Joe Biden told Yahoo Finance he thinks China will retaliate to sweeping new tariffs on Chinese imports, but he expects any trade conflict to be manageable.
