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August 06, 20190.58 Futures on Wall Street price lists fell sharply after the US decision to label China as a currency manipulator. The futures on the S & p 500 lose 1%. The decline in futures follows the worst session of 2019 with the Dow Jones at -2.9% and the Nasdaq at -3.4% and $ 700bn of capitalization in smoke. China has responded with a stop to purchases from US farmers and with the depreciation of the Yuan, which for the first time since 2008 has fallen below 7 units per dollar.Wall Street, future -1%: 700bn in smoke
2019-08-05T23:09:40.172Z
0.58 The futures on Wall Street lists are in sharp decline after the US decision to label China as a currency manipulator. The futures on the S & p 500 lose 1%. The decline in futures follows the worst session of 2019 with the Dow Jones at -2.9% and the Nasdaq at -3.4% and $ 700bn of capitalization in smoke. China has responded with a stop to purchases from US farmers and with the depreciation of the Yuan, which for the first time since 2008 has fallen below 7 units per dollar.
Source: rainews