Wall Street stocks plunge as Trump warns of China tariffs: S&P 500 falls 2.7%

Wall Street stocks tumbled connected Friday aft US President Donald Trump threatened "massive" tariffs connected China, sparking renewed commercialized warfare concerns pursuing months of improving relations betwixt the 2 countries. All 3 large US indices finished sharply lower, with the broad-based S&P 500 down 2.7 percent astatine 6,552.51. The Dow Jones Industrial Average dropped 1.9 percent to 45,479.60, portion the tech-heavy Nasdaq Composite Index sank 3.6 percent to 22,204.43. The sell-off reflects capitalist fears that the threatened tariffs could escalate tensions betwixt the US and China, reversing the caller affirmative inclination successful commercialized relations.