Wall Street Rocked By China Threats

Credit: Wochit Business
Published on May 13, 2019 - Duration: 00:42s

Wall Street Rocked By China Threats

(Reuters) - Wall Street’s main indexes were set to drop nearly 2% on Monday after Beijing announced plans to retaliate with tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 9, 2019.

REUTERS/Brendan McDermid Futures pointed to an almost 500-point fall at the open for the Dow Jones Industrial Average index .

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Wall Street Rocked By China Threats

MAY 9, 2019, FILE PHOTO No access Chinese mainland .

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