US open: Heavy losses on the Street following heightened tensions with China

Wall Street trading kicked off on Tuesday with heavy losses across the board as relations between the US and China took another turn for the worse. At 1550 BST, the Dow Jones Industrial Average had lost 1.32% to 24,657.65, while the S&P 500 was down 0.78% to 2,725.25 as the Nasdaq dropped 1.04% to 7,666.15. Connor Campbell, a financial analyst at SpreadEx, said, "There was no let up on Tuesday, the US open extending the disastrous trading that began on Monday." "Plunging 400 points to hit a ...

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