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Associated Press News

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Business & Economics

Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs

Associated Press News
Summary
Nutrition label

80% Informative

The Dow Jones Industrial Average plunged 2,231 points, 5.5% and the Nasdaq composite tumbled 5.8% .

The drop closes the worst week for the S&P 500 since March 2020 , when the pandemic ripped through the global economy.

The central question looking ahead is: Will the trade war cause a global recession?.

DuPont dropped 12.7% after China said its regulators are launching an anti-trust investigation into DuPont China group.

GE Healthcare got 12% of its revenue last year from the China region, and it fell 16% .

The Dow Jones Industrial Average dropped 2,231.07 to 38,314.86 , and the Nasdaq composite fell 962.82 to 15,587.79 .

VR Score

86

Informative language

86

Neutral language

58

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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