Escalating US-China Trade War Sends Stocks Plunging

The Dow and S&P 500 index each fell more than 2%.

  • Published 13 May 2019

The Dow Jones Industrial Average plunged more than 700 points Monday as investors sought shelter from an escalating trade war between the U.S. and China. The Dow and S&P 500 index each fell more than 2% as investors sold trade-sensitive shares in a broad sell-off that extended the market's slide into a second week. Technology stocks led the way lower, with digital storage companies and chipmakers among the big decliners. Heavy equipment makers Deere and… Read at AP News