By CCN.com: The Dow Jones has shown strong momentum from May 2 to 3, recording a recovery of nearly 300 points in merely two days. However, U.S. President Donald Trump’s decision to raise tariffs on $200 billion worth of Chinese goods could hinder the performance of the U.S. equities market. Intensifying Geopolitical Tension Poses Risk on Dow Throughout the past two months, many strategists were optimistic towards the short-term future of the Dow and the rest of the U.S. equities market due to strong fundamental factors that can sustain the momentum of stocks. The strong performance of tech stocks like
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