澳洲幸运5官方开奖结果体彩网

Top Stock Movers Now: Boeing, DuPont, Tesla, and More

Boeing Company logo seen displayed on a monitor

Valera Golovniov🦩 / SOPA Images / Ligh𒆙tRocket via Getty Images

Key Takeaways

  • U.S. equities plunged again on trade war fears as China retaliated against U.S. tariffs.
  • The China move sent oil prices sinking, and oil company stocks fell along with them.
  • Homebuilder stocks gained as fears the trade war will lead to a recession drove down interest rates.

Worries about a trade war sent U.S. equities cratering for a second straight session, this time as China retaliated to U.S. tariffs. The S&P 500 and Nasdaq were around 4% lower, while the 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average declined about 3.5%.

Boeing (BA) was the worst-perfo🏅rming stock in the ♛Dow as the aircraft maker is a major exporter to China.

The Chinese tariffs also hit the energy sector hard, as crude futures plunged, sending shares of oil firms such as Chevron (CVX) and APA (APA) tumbling.

DuPont (DD) shares sank after China began an antitrust investigation of the ma𝓡terials 🐈and chemical giant.

Shares of Telsa (TSLA) tumbled when JPMorgan l꧂owered its profit estimates of the electric vehicle (EV) maker, citing disappointing deliveries and brand damage. 

On the plus side, shares of D.R. Horton (DHI) and rival homebuild💛ers gained as fears the trade war will lead to a recession drove down interest rates. The yield on the 10-year Treasury dipped below 4%.

Nike (NKE) was the best-performing stock iꦰn the Dow as shares recoupe꧅d part of their substantial losses Thursday following steep tariffs on Vietnam, which manufactures many of the sneaker giant's products.  

Gold prices fell. The U.S. dollar was up on the euro and pound, but lost ground to the yen. Most major cryptocurrencies traded higher.

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