#TradingPairs101
📉 Decline in Wall Street After a Volatile Session
Wall Street indices closed in the red today:
Dow Jones fell by 0.3%
S&P 500 index dropped by 0.5%
Nasdaq fell by 0.8%
🔴 Trump vs. Musk.. Clash of the Titans
Tensions are rising between President Trump and Elon Musk after fiery statements from both sides.
Trump expressed his "disappointment" with Musk and threatened to review the government contracts awarded to his companies.
Musk responded on platform X stating that Trump would not have won the elections without him.
In an additional escalation, Trump called Musk "crazy"!
The dispute also comes after Musk's resignation from his position as head of the "Office of Government Efficiency".
⚠️ Markets are concerned about the impact of the dispute on Tesla's opportunities in government contracts.
Tesla's stock (TSLA) plunged sharply by 14.3%!
🟢 As for trade with China:
The talks have seen positive developments. Trump spoke with Chinese President Xi Jinping and confirmed that the call was "very good", agreeing to resume negotiations soon.
But so far, there are no tangible agreements, and the markets are watching cautiously.
📌 Note: This post does not constitute investment advice.
📉 Decline in Wall Street After a Volatile Session
Wall Street indices closed in the red today:
Dow Jones fell by 0.3%
S&P 500 index dropped by 0.5%
Nasdaq fell by 0.8%
🔴 Trump vs. Musk.. Clash of the Titans
Elon Musk's war against Trump and the American economy
is suffering