Dow Bounces Back, But Trade War Plunges Yuan to 11-Year Low

The Dow and broader U.S. stock market advanced on Monday, mere hours after the Chinese yuan’s offshore rate plunged to record lows, raising alarms about capital flight from East Asia. Dow Rallies; S&P 500, Nasdaq Follow All of Wall Street’s major indexes reported firm gains, with the Dow Jones Industrial Average gaining as much as […]

The post Dow Bounces Back, But Trade War Plunges Yuan to 11-Year Low appeared first on CCN Markets

Source: https://www.ccn.com/dow-jones-analysis-yuan/

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