(Express) US stocks have plunged over fresh fears of a China trade war. Stocks dropped the most since February as the S&P 500 fell to its lowest in three months and the Dow Jones dropping as much as 836 points. The Nasdaq 100 Index plummeted more than four percent as Wall Street endured its sharpest one-day fall in months. Computer companies led the S&P 500 to a fifth straight loss, the longest slump since Donald Trump was elected.
The S&P 500 closed down 94 points with the broad market index heading for its worst day since June. Stock in all 30 blue-chip index companies fell, with Boeing and Caterpillar dropping at least 3.8 percent. Sameer Samana, a global quantitative and technical strategist for Wells Fargo Investment Institute, told Bloomberg: “The biggest thing going on in markets is you’re seeing an unwind. READ MORE
