Wall Street collapses as fears of a trade war intensify in the face of the weakening of the yuan



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NEW YORK (Reuters) – The main stock market indexes on Wall Street fell on Monday, and the S & P 500 index lost nearly 3%, as the yuan collapsed as US President Donald Trump promised. to impose additional duties on Chinese products, raising fears of further escalation of the war. Trade between Washington and Beijing.

The Dow Jones Industrial Average <.DJI> was down 767.27 points, or 2.9%, to 25,717.74.

The Standard & Poor's 500 index is down 87.31 points, or 2.98%, to 2,844.74.

The Nasdaq composite index <.IXIC> was down 278.03 points, or 3.74%, to 7,726.04.

(Reuters)

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