By CCN: The Dow resumed its excruciating downward spiral on Thursday after President Trump broke from White House talking points to ramp up the trade war rhetoric and further inflame US-China tensions ahead of high-stakes negotiations between the economic superpowers. Trump Sends Dow into 300 Point Tailspin The US stock market stumbled toward another putrid loss, with all three major indices suffering steep losses at the opening bell. By 9:50 am ET, the Dow Jones Industrial Average had plunged 302.54 points or 1.17%, reducing the DJIA to 25,664.79. The S&P 500 and Nasdaq fared even worse, plummeting 1.2% to 2,844.73

The post Dow Risks Cataclysmic Collapse After Trump Blindsides Stock Market appeared first on CCN

Categories: Mining