China Threatens $60 Billion in New Tariffs - Adviser Investments

China Threatens $60 Billion in New Tariffs

Senior Vice President Chris Keith has the market analysis for Friday, August 3. Despite China’s retaliatory threat of an additional $60 billion in potential tariffs on U.S. goods, both the Dow Jones Industrial Average and S&P 500 gained 0.5% today while the NASDAQ advanced 0.1%. We also saw July’s employment report, which showed 157,000 new jobs added to the economy—nearly 20% short of the anticipated 193,000.

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