It has been two weeks since Donald Trump’s tweet on additional tariffs on China export to the US (6 May). Trade negotiations failed between US and China as a consequence.
The stock indices continued to slide even for this week (ended 17 May).
|S&P 500 (USA)||2,506.85||2,879.42||2,859.53|
|Dow Jones (USA)||23,327.46||25,967.33||25,764.00|
|Hang Seng (HK)||25,845.70||29,003.20||27,946.46|
|Nikkei 225 (Japan)||20,014.77||21,602.59||21,250.09|
Between 8 May and 17 May, all the above indices declined further.
|Stock Indices||YTD Change 8 May||YTD Change 17 May||% points Change|
|S&P 500 (USA)||14.9%||14.1%||-0.8%|
|Dow Jones (USA)||11.3%||10.4%||-0.9%|
|Hang Seng (HK)||12.2%||8.1%||-4.1%|
|Nikkei 225 (Japan)||7.9%||6.2%||-1.7%|
The Straits Times Index lost 2.5 percentage points over the period from 7.0% year-to-date change to 4.5% year-to-date change. Hang Seng Index performed the worst (-4.1 percentage points).
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