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The Dow drops 478 points as Trump shrugs off a market rout and says more tariffs are coming

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The shares ended on Tuesday, stretching the defeat on Monday, as President Donald Trump doubled in his commercial war with Canada and a warning from the Delta air lines that sent many stocks related to travel.

Dow Jones Industrial decreased 478 points, or 1.1 %, and S&P slipped 500 0.8 %. The Nasdaq Stock Exchange closed about 0.2 % as a 1.7 % retardation in NVIDIA (NvdaThe gains in some other large technology shares were not enough to save today. Apple shares (AaplGoogle Parent Alphabet (GooglThey both refused.

Trump escalated his conflict with Canada by saying that he would double the customs tariffs on aluminum and steel in the country to 50 % after Ontario has enacted the electricity tax it sends to the United States to the administration He is still confident A spokeswoman for a long -term benefit for her economic changes said.

“We are in a period of economic transition from this economic nightmare in the shadow of a president who had no idea of ​​what he was doing, they did not occupy the job of the private sector in his life, to a golden age for American manufacturing,” Caroline Levitte told reporters at the White House.

Good economic news came on Tuesday: job opportunities in the United States increased to 7.74 million in January from 7.51 million reviews in December, a sign that the labor market was fixed as President Joe Biden was his position. The unanimity estimate was for 7.6 million openings.

Tesla (TimingThe shares were offered to a modest return from a 15 % decrease yesterday, and an increase of 3.8 %, such as Trump He said he will buy One of Evs Elon Musk.

Delta Airlines (D.The shares decreased by 7.3 % after the company reduced profit and sales forecast in the first quarter on the weak demand for local travel. She kept her full year's expectations. US Airlines (the), Expedia (Expe), Reservation of holdings (bkngHilton (HLT) And Airbnb (AbnbThe shares also decreased. Disney (B5 % decreased, Extending its last decline.

Retail dealers were also beaten. Cole (KSSIt decreased by 24 % after its quarterly profits were lost and its expectations also decreased. Dick sports goods (DKS5.7 % decreased after disappointing profits Outlook excel Better results than expected in the fourth quarter.

Southern West Airways (LoewOn the contrary, the shares jumped by 8.3 % after the carrier said that it will abandon the policy of the free drivers of most passengers, which analysts said will reinforce revenues but It will also harm Her brand and customer loyalty.

Oracle (OrclIt decreased by 3.1 % after its financial profits in the third quarter Short An analyst expectations.

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