Dow Falls 900 Points as Yuan Reels and Trump Jabs at China

The Dow industrials are down more than 800 points, or 3.1%, on track for their biggest percentage decline since December.

Stocks were pummeled by selling Monday, pushing indexes from New York to Shanghai lower, as the yuan reeled and fresh trade threats between Beijing and Washington raised fears of an economic slowdown.

The Dow Jones Industrial Average fell 856 points, or 3.2%, to 25628. The S&P 500 shed 3.3% and the Nasdaq Composite declined 3.8%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Futures point to Dow opening more than 300 points lower amid US-China trade turmoilFutures on Sunday evening pointed to an opening decline of more than 300 points for the Dow Jones Industrial Average at Monday's open.
Read more »

Markets Right Now: Dow plunges 800 as trade war flaresNEW YORK (AP) — The latest on developments in financial markets (all times local): 2:30 p.m. Stocks are plunging on Wall Street after China let its currency sink to the lowest level in...
Read more »

Stocks plunge around the world as US-China trade war worsens, threatening global economy; Dow sinks 800 points, or 3%Stocks plunge around the world as US-China trade war worsens, threatening global economy; Dow sinks 800 points, or 3%
Read more »

Offshore yuan falls to record low, yen firm on intensifying trade frictionsThe offshore Chinese yuan fell to its weakest level on record on Monday while th...
Read more »

China's yuan falls to lowest level in more than a decadeThe Chinese yuan slid below 7 to the US dollar on Monday. It's a critical threshold for the currency that hasn't been breached in more than a decade, and the latest sign of how far the US-China trade war has escalated.
Read more »

China’s Yuan Falls Past Key Level of 7 to the Dollar to Record LowChina’s currency broke through the psychologically important threshold days after President Trump threatened to broaden U.S. tariffs to cover essentially all Chinese imports.
Read more »