By CCN: Dow Jones futures point to a weak stock market open on Wednesday as China threw fierce words at Donald Trump. China’s People’s Daily newspaper published an editorial using a threatening phrase that carries enormous historical weight in China. Simply translated it reads: “Don’t say I didn’t warn you.” In the same editorial, China warned it could restrict the export of “rare earths,” which contain minerals vital to the US tech and defense industries. Dow Jones poised for triple-digit loss on Wednesday As of 7.04 am ET, Dow Jones Industrial Average (DJIA) futures are down 142 points (0.56 percent)
The post Dow Plunges over China’s Fierce ‘Don’t Say We Didn’t Warn You’ Trump Threat appeared first on CCN
Source: https://www.ccn.com/dow-plunges-china-fierce-trump-threat