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Home Improvement Retailer Stocks Fall on Escalating Trade War

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.