05-03-2018 22:21 via feedproxy.google.com

Dow jumps almost 350 points despite Trump saying he won't back down on tariffs

The Dow rose nearly 350 points Monday as fears of a possible trade war continue.
President Trump doubled down on his proposed 25% and 10% taxes on imported steel and aluminum saying "we're not backing down."
The Dow Jones industrial average gained nearly 350 points Monday, to close up 1.37% at 24,875, despite President Donald Trump saying that "we're not backing down" on his proposed tariffs on imported steel and aluminum.
The S&P 500 finished up 1.10% and the Nasdaq closed up 1.03%.
Trump,
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