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How's your 401(k) doing?' It's a good question to ask right now

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But the market's downturn this week, following the president's announcement of plans to impose tariffs on steel and aluminium, shows that investors also need to brace themselves for setbacks.

Trump's decision helped send the Dow Jones industrial average down 420 points on Thursday, with losses continuing into Friday. Manufacturers that use steel and aluminium, such as Boeing and General Motors, were particularly affected by the drop.

Despite the selloff, the president stood by his stance on Friday.

Source :- cnbc
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