Home Improvement Retailer Stocks Fall on Escalating Trade War
The fear of the Trump administration escalating its trade war with China by restricting Chinese investment in US companies led to a sell-off on June 25. On the day, the S&P 500 Index (SPX) fell 1.4%, while the Dow Jones Industrial Average (DJI) fell 1.3%. Home improvement and furnishing companies have felt the heat as fears of an escalating trade war have gripped the market.