Dow drops more than 400 points after Trump orders US companies to look for ‘alternative to China’


Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower.

The Dow Jones Industrial Average traded 420 points lower, or 1.6%. The S&P 500 and Nasdaq Composite slid 1.7% and 2%, respectively.

Trump tweeted on Friday: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your companies HOME and making your products in the USA.”
So now Trump thinsk he can order companies to do whatever he wants them to do. Remember, this is the guy who bankrupted dozens of businesses.