U.S. stocks sag as U.S.-China trade war talk heats up
The U.S. markets are having their worst day in June on reports that President Trump will ramp up his threats of an emerging trade war with China, with the Dow Jones industrial average sliding nearly 500 points, or 2 percent.
McDonald��s, Intel and the big industrial companies, Boeing, Caterpillar and DowDuPont, were heavy drags on the Dow.
The sell-off was global, with major European benchmarks in London, Germany, France all off by 2 percent or more.
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