>

Stocks Slump and Treasuries Gain as Sell-Off Resumes

U.S. stocks slumped, following European and Asian shares lower, as concern resurfaced that trade tensions between the world's two largest economies are far from resolved. Oil slid as OPEC ministers met in Vienna.

The Dow Jones Industrial Average sank more than 500 points, while S&P 500 resumed its slide after one of the biggest routs of the year. Trade tensions reignited after the arrest of the chief financial officer of tech giant Huawei Technologies Co. — dousing hope China and the U.S

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox