Dow sinks 700 points, S&P 500, Nasdaq plummet as Trump threatens ‘massive increase’ on China tariffs
US stocks turned lower Friday as President Trump and China traded blows on tariffs, with Trump threatening a “massive increase” in tariffs on Chinese goods. The Dow Jones Industrial Average (^DJI) lost 1.5%, or over 650 points, while the S&P 500 (^GSPC) fell over 2.2%. The tech-heavy Nasdaq Composite (^IXIC) slid over 2.9%, leading losses….