Wall Street’s losing streak deepens as Trump’s tariffs kick in


Source: cp24.com cp24.com

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NEW YORK — Stocks tumbled in morning trading on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains for the S&P 500 since Election Day. The tariffs between the U.S., China, Canada, and Mexico has helped to extend a recent slump for U.S. stocks that was prompted by signs of weakness in the economy. The S&P 500 fell 1.4%, weighed down by nearly every sector except real estate and utilities, which are typically considered relatively safer investments. The Dow Jones Industrial Average shed 580 points, or 1.3%, as...