Dow Plunges as Trade War Backlash Triggers Market Meltdown

By CCN: The Dow sped toward another brutal loss on Thursday after Beijing bared its fangs to deliver the shellshocked Trump administration a withering rebuke that drastically reduced the likelihood of an amicable trade war resolution. Dow Tailspin Intensifies Every major US stock market index braced for heavy losses on Thursday. As of 9:23 am ET, Dow Jones Industrial Average futures had plunged 255 points or 0.99%, implying a painful 253.61 point loss at the opening bell. S&P 500 futures lost 0.93%, and Nasdaq futures plummeted 1.17% as Wall Street choked on the latest escalation in the conflict between the

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