Wall Street plunged on Monday, suffering the full brunt of renewed trade tensions between the United States and China, marked by the sharp decline of the Chinese currency against the dollar. According to preliminary results at the close, the Dow Jones Industrial Average lost 2.90%, its largest decline since the beginning of the year, and the Nasdaq 3.48%.
Wall Street records its worst day of the year in the wake of Sino-US tensions
2019-08-05T20:36:39.985Z
Renewed tensions between the United States and China plunged Wall Street into the red on Monday. For New York, this is the worst day of the year.
Renewed tensions between the United States and China plunged Wall Street into the red on Monday. For New York, this is the worst day of the year.
Source: europe1