While you were sleeping: Wall St sinks with Amazon

Mon, 02 Apr 2018

By Margreet Dietz April 3 (BusinessDesk) - Wall Street plunged as US President Donald Trump sank Amazon and other tech stocks in a market additionally rattled by China’s retaliation with fresh tariffs on US imports. In recent days Trump has been targeting Amazon in a series of tweets suggesting the administration will move to curtail the company’s dominance. “Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed,” Trump tweeted on Monday. Also, our fu...

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