What Happened in the Stock Market Today

Major benchmarks were on their way to a day of decent gains when President Trump announced a new round of tariffs on Chinese goods, and the market reversed itself in a hurry. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) lost around 1%.

Data source: Yahoo! Finance.

As for individual stocks, Shopify (NYSE: SHOP) reported rapid growth and Qualcomm (NASDAQ: QCOM) issued disappointing guidance.

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