Rising trade tensions sink US stocks - Spokane, North Idaho News & Weather KHQ.com

Rising trade tensions sink US stocks

Posted: Updated:
New York -

1:30 p.m.
  
Stocks are falling sharply on Wall Street, sending the Dow Jones industrial average down more than 600 points, after China raised import duties on U.S. pork, apples and other products.
  
Tyson Foods dropped 6 percent Monday, one of the biggest losses on the market.
  
Investors are also dumping some of their recent favorites, including retailers like Amazon and technology companies such as Microsoft.
  
Tesla dropped 5.3 percent after saying the vehicle in a fatal crash last week in California was operating on Autopilot mode.
  
The S&P 500 fell 69 points, or 2.6 percent, to 2,570.
  
The Dow was down 590 points, or 2.5 percent, to 23,512. It was down as much as 639 in early afternoon trading.
  
The Nasdaq gave up 203 points, or 2.9 percent, to 6,858.
  
___
  
11:45 a.m.
  
Stocks are falling sharply on Wall Street after China raised import duties on U.S. pork, apples and other products.
  
Tyson Foods is among the biggest losers Monday with a 6 percent loss.
  
Investors are also dumping some of their recent favorites, including retailers like Amazon and technology companies such as Microsoft.
  
Tesla dropped 5.7 percent after saying the vehicle in a fatal crash last week in California was operating on Autopilot mode.
  
Health insurer Humana jumped 4.9 percent on continued reports Walmart might buy the company or announce a new partnership with it.
  
The S&P 500 fell 59 points, or 2.3 percent, to 2,581.
  
The Dow Jones industrial average fell 476 points, or 2 percent, to 23,624. The Nasdaq composite gave up 190 points, or 2.7 percent, to 6,872.
  
___
  
9:35 a.m.
  
Stocks are opening slightly lower on Wall Street after the long holiday weekend, led by declines in retailers and technology companies.
  
Amazon fell 2 percent in early trading Monday, while Facebook lost 0.7 percent.
  
Health insurer Humana jumped 7 percent following reports that Walmart was interested in a possible deal with the company.
  
The S&P 500 slipped 3 points, or 0.1 percent, to 2,637.
  
The Dow Jones industrial average was little changed at 24,101. The Nasdaq composite fell 19 points, or 0.3 percent, to 7,044.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular StoriesMost Popular StoriesMore>>

  • New York State illegally moving convicted sex offenders from prisons into group homes with the developmentally disabled

    New York State illegally moving convicted sex offenders from prisons into group homes with the developmentally disabled

    Thursday, September 20 2018 9:14 AM EDT2018-09-20 13:14:31 GMT
    Three State agencies are involved in placing convicted sex offenders in group homes or hiding this information from the families and the general public>>
    Three State agencies are involved in placing convicted sex offenders in group homes or hiding this information from the families and the general public>>
  • Cold Case: The Missing Wedding Guest

    Cold Case: The Missing Wedding Guest

    Monday, September 24 2018 5:19 PM EDT2018-09-24 21:19:07 GMT

    STEVENS COUNTY, Wash. - It's been nearly two years since anyone has seen or heard from Paul Brazeau. He was last seen at his son's wedding. His brokenhearted family reached out to KHQ's Hayley Guenthner with a letter asking for his case to be featured in our Q6 Cold Case series. The day Paul vanished started out so wonderful. "It was a happy day," said Paul's aunt Georgine Glatt. 

    >>

    STEVENS COUNTY, Wash. - It's been nearly two years since anyone has seen or heard from Paul Brazeau. He was last seen at his son's wedding. His brokenhearted family reached out to KHQ's Hayley Guenthner with a letter asking for his case to be featured in our Q6 Cold Case series. The day Paul vanished started out so wonderful. "It was a happy day," said Paul's aunt Georgine Glatt. 

    >>
  • Multiple fires break out west of Spokane along I-90

    Multiple fires break out west of Spokane along I-90

    Monday, September 24 2018 4:14 PM EDT2018-09-24 20:14:44 GMT
    PHOTO: Brian CrowPHOTO: Brian Crow

    SPOKANE, Wash. - Multiple fire crews from Spokane County and the Department of Natural Resources are working to mop up a series of fires that broke out along Interstate 90 west of Spokane. Crews on scene tell us that while they don't have an exact count, there were at least 3 different fires burning, all about 5-acres in size, along I-90 between exit 272 and 277. 

    >>

    SPOKANE, Wash. - Multiple fire crews from Spokane County and the Department of Natural Resources are working to mop up a series of fires that broke out along Interstate 90 west of Spokane. Crews on scene tell us that while they don't have an exact count, there were at least 3 different fires burning, all about 5-acres in size, along I-90 between exit 272 and 277. 

    >>
HD DOPPLER 6i
/
  • Top Stories from KHQHomeMore>>

  • GOP lawmaker declines to resign, won't serve another term

    GOP lawmaker declines to resign, won't serve another term

    Tuesday, September 25 2018 12:48 AM EDT2018-09-25 04:48:39 GMT

    YAKIMA, Wash. (AP) - Despite Republican leaders calling on Washington lawmaker Rep. Matt Manweller to resign in the wake of new sexual misconduct allegations, Manweller says he will finish his term but will resign if re-elected.    The Yakima Herald-Republic reports Manweller said in a message Monday that it's important he's re-elected so the seat can be filled with another Republican when he resigns.

    >>

    YAKIMA, Wash. (AP) - Despite Republican leaders calling on Washington lawmaker Rep. Matt Manweller to resign in the wake of new sexual misconduct allegations, Manweller says he will finish his term but will resign if re-elected.    The Yakima Herald-Republic reports Manweller said in a message Monday that it's important he's re-elected so the seat can be filled with another Republican when he resigns.

    >>
  • A bag for a bag: students tackle social stigma to fight food insecurity

    A bag for a bag: students tackle social stigma to fight food insecurity

    Tuesday, September 25 2018 12:28 AM EDT2018-09-25 04:28:21 GMT

    SPOKANE, Wash. - A problem within a solution – it’s a phrase so oxymoronic that it almost doesn’t make sense, but it’s crystal clear for a specific group of students at Lewis and Clark High School.

    >>

    SPOKANE, Wash. - A problem within a solution – it’s a phrase so oxymoronic that it almost doesn’t make sense, but it’s crystal clear for a specific group of students at Lewis and Clark High School.

    >>
  • Rosenstein still has his job -- at least till Trump showdown

    Rosenstein still has his job -- at least till Trump showdown

    Tuesday, September 25 2018 12:00 AM EDT2018-09-25 04:00:26 GMT
    Photo: PBSPhoto: PBS
    Photo: PBSPhoto: PBS

    WASHINGTON (AP) - After a long weekend spent wondering if he should resign or would be fired, Deputy Attorney General Rod Rosenstein still has his job — for now. President Donald Trump gave Rosenstein a three-day reprieve pending their face-to-face White House showdown Thursday....

    >>

    WASHINGTON (AP) - After a long weekend spent wondering if he should resign or would be fired, Deputy Attorney General Rod Rosenstein still has his job — for now. President Donald Trump gave Rosenstein a three-day reprieve pending their face-to-face White House showdown Thursday....

    >>