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Bloomberg Quint

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Image Credit: Bloomberg Quint

US Stock Market Today: Dow Jones Sheds 200 Points, S&P 500 Falls As Trade Tensions Simmer

  • US stocks opened lower as global trade tensions increased after China pushed back against Trump's accusations.
  • Dow Jones Industrial Average shed 200 points, Nasdaq Composite lost 0.3%, S&P 500 fell below 5,900.
  • Oil prices rose due to a smaller-than-expected OPEC+ production increase, while the dollar weakened against major currencies.
  • The benchmark 10-year US Treasury bond yield rose to 4.43% amid the evolving situation. (This is a developing story)

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