Wall Street stocks plunge as Trump warns of ‘massive’ China tariffs: S&P 500 falls 2.7%; Dow, Nasdaq all hit hard
Wall Street stocks tumbled on Friday after US President Donald Trump threatened “massive” tariffs on China, sparking renewed trade war concerns following months of improving relations between the two countries. All three major US indices finished sharply lower, with the broad-based S&P 500 down 2.7 percent at 6,552.51. The Dow Jones Industrial Average dropped 1.9…