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.
If you think the charts and tools through your brokerage are enough, think again. The power of what I can do as a StockCharts Member, with the advanced charting and the scanning tools and the technical alerts sent right to my phone - WOW. I'm absolutely blown away by how much more I can do with StockCharts than the other tools and platforms I always thought were enough. Thank you for providing such an incredible product!"