Fly Charts: Trump's Tariff Mess and Tillerson's Tarnished Legacy
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Major stock indexes plunged Thursday afternoon following President Trump's announcement that he was imposing a 25 percent tariff on imported steel and 10 percent on aluminum. Investor concern about the news rattled the Dow Jones industrial average, which closed down more than 400 points.
Photographer: Eduardo Munoz AlvarezGood morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From a new fear for Boeing to Saudi debt navigation, here are four charts that tell you what you need to know in business today.
And don't miss Chris Hughes on the new political calculus of M&A in the U.K.: "The polarization of Britain's public debate has meant taking over companies has become increasingly tricky for foreign bidders and hostile domestic buyers. The country may be one of the world's least protectionist markets in law, but buyers there need to make allowances."