Stocks Slump and Treasuries Gain as Sell-Off Resumes

Dec 06, 2018 - Fortune

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...