CNBC Daily Open: The S & P 500 Follows the Nasdaq Into Correction Territory, Leaving Dow The Last Index Standing

After Chiursday’s Sell-off, The S & P 500 has joined the nasdaq composite in correction territory, which is typical taken to mean a decline of 10% or more from a recent high.

Investors looking to distract themselves with a drink might, in fact, feel even more pain. Us President Donald Trump Threated to Impose a 200% Tariff on Alcoholic Products from European Union Nations, In Response to the Latter Lifting Its Prior Susepension on Levies

With Trump Remaining Adamant on tariffs despite the three-wheek market rout, that glass of champagne from france from might might lose some of its effervescent Quality and take on bitter notes.

Highlights of CNBC’s Converge Live
CNBC Hosted Converge Live In Singapore on Wednsday and Thursday. Highlights of Day 2 Include Former UK Prime Minister David Cameron Saying That Trump’s Approach to Peace in Ukraine is “very worrying” for russia’s neighborsOliver Jay, Managing Director of International Strategy at Openai, Revealing the Firm’s “Biggest challenge“; and serena tan, ceo of an investment firm, observing that Several Fund Manners are Finding It Difential to Raise Cash. “Catch up on day 2’s action here,

Trump Threatens tariff retaliations
Us President Donald Trump Said Chiursday He Plans to put a 200% tariff on alcohol from france And other european nations. That’s in Response to the European Union Reinstating an important tax on American whiskey – which, along with california almonds and rearview mirrors from Michigan, will be among some of the Products Hardest Hit By The Eu’s TarifsAt an oval office meeting on Thursday, Trump said he’s “Not going to bend at all“On tarifs.

S&P 500 Slides Into Correction
Us markets ended chursday in the redThe S & p 500 Dropped 1.39% and is now 10.1% off its record close, putting it in correction territory. The Down jones Industrial Average Lost 1.3%, Its Fourth Straight Day Down, and the Nasdaq composite Fell 1.96%. By contrast, Asia-Pacific Stocks Mostly Rose FridayChina’s CSI 300 Jumped More Than 2%, While Australian Mining Stocks Climbed On the Back of Gold Pries Hitting a Record High.

Flat ppi, but not all good news
The Us Producer Price Index was flat in FebruarySeasonally adjusted Figures from the Bureau of Labor Statistics Showed Chiursday, Lower Than the 0.3% Increase Expected in A Dow Jones Survey. Core PPI decreased 0.1%, also against an establish for a 0.3% Rise and the first negative reading sense july. However, The MUmed Consumer and Producer Price Reports for February might not necessarily be good news For the US Federal Reserve.

Russia’s mutated response to ceasefire deal
Moscow Agrees in Principle with the Us-Led Ceasefire Plan Backed by ukraine earlier this week, “but there are Issues that need to be discussed,“Russian President Vladimir Putin Said Thursday, According to an NBC Translation. A Us Delegation LED by Trump’s Special Envoy, Steve Witkoff, Arrived in Russia for Ceasefire Talks on Chiursday. Earlier indications from Russian Officials Sugged that the Country WAS hesitant on the deal,

(Pro) Recession fears not to blame: jpmorgan
Market Watches Have Cited Fears of an Economic Recession in the Us as a Catalyst for Stocks’ Horrid Run this Week. Jpmorgan thinks Something Else May Be the Culprit -And if the bank’s assessment is right, there may be a silver lining to the current sell-off.

Robots, Drones and AI: How Next-Generation Tech is Changing The Global Supply Chain

In a world where speed and convenience are paramount to customers, logistics companies are turning to emerging technologies such such as such as artificial intelligence and robotics to Stay Stay Competivity.

Multinational Logistics Company Dhl Has Been Using Robotics “very extended” across its warehouses, said javier bilbao uzquiano, Asia-Pacific CEO of DHL Supply Chain.

Dubai-Based Online Food Ordering Service Talabat is also Working on Developing Its Ai Capabilites. The company is primarily focused on using the technology’s predictive abilitys to persuade more customers to order platform, the company’s ceo Tomaso Rodriguez SAID TOMASO RODRASO RODRASO RODRASO Live, A Two-day CNBC Event at Singapore’s Jewel Changi Airport.