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Facebook and Netflix Hit Record Highs despite Trade War Concerns

Facebook and Netflix Hit Record Highs despite Trade War Concerns

FANG Stocks Are Hitting New Highs: Is It a Bullish Sign? In the previous part of this series, we discussed that the world’s two largest economies, the US (QQQ) and China, are imposing import tariffs on each other’s products. After two rounds of trade negotiation in May, the US (SPY) announced on June 18 that it will impose additional import tariffs on Chinese goods.