Major indexes are trading lower after President Trump said he will raise global tariffs to 15% and posted on social media, "I do not have to go back to Congress to get approval of Tariffs," as the EU halts trade deal proceedings with the US. The m...

ETF-Dow Jones Industrial Average +0.70%
Russell 2000 ETF +1.38%
PowerShares QQQ Trust,Series 1 +1.82%
ETF-S&P 500 +1.22%

ETF-Dow Jones Industrial Average

DIA

485.49

+0.70%

Russell 2000 ETF

IWM

268.72

+1.38%

PowerShares QQQ Trust,Series 1

QQQ

628.60

+1.82%

ETF-S&P 500

SPY

694.46

+1.22%

Major indexes are trading lower after President Trump said he will raise global tariffs to 15% and posted on social media, "I do not have to go back to Congress to get approval of Tariffs," as the EU halts trade deal proceedings with the US. The market may also be falling after factory order economic data for December came in below estimates.