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US stocks closed sharply lower on Friday, amid a renewed tariff battle between Washington and Beijing as US President Trump said he will respond further to China’s retaliatory tariffs and ordered American companies to find alternatives to China. The Dow Jones tumbled 623 points, or 2.4% to 25,629; the S&P 500 slumped 76 points, or 2.6% to 2,847; and the Nasdaq slid 240 points, or 3% to 7,752. Since the beginning of August, the Dow Jones lost more than 4%. Historically, the Dow Jones Industrial Average reached an all time high of 27398.68 in July of 2019 and a record low of 28.48 in August of 1896.
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Price Volume Leaders provide an insight to the most significant stocks based on the value of the shares traded, as opposed to Volume Leaders which only takes into account the number of shares traded. For example, 1 million shares traded at $2 has a value of $2M (found on the Volume Leaders page) where 100,000 shares traded at $100 has a value of $10M (found on the Price Volume page). Many market analysts would consider Price Volume to be more relevant.
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