Dow Dow halts winning streak in four sessions and Nasdaq registers worst day since July as Chinese market slams the market



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The Dow Jones Industrial Average closed Monday a series of gains of four sessions to finish down and the Nasdaq recorded its largest decline since July 27, fearing intensification of tariff disputes between China and US investors. The Dow Jones Industrial Average

DJIA, -0.35%

the S & P 500 Index decreased 93 points, or 0.4%, to 26,062.

SPX, -0.56%

down 0.6% to 2,888, breaking a five-game winning streak, while the Nasdaq Composite Index

COMP -1.43%

marks its worst daily decline since July 27, down 1.4% to 7,896. The Trump Administration plans to unveil new tariffs on Chinese products of $ 200 billion entering the United States, and Beijing discusses new ways to retaliate against US companies. Last Monday, Mr Trump reported that an announcement on tariffs, which have been a key factor in market sentiment, has taken a bit less magnitude. One of the worst performances of the day was Apple Inc.

AAPL, -2.66%

2.7% and Amazon.com Inc.

AMZN, -3.16%

3.2%, representing the two largest and most influential companies in the world.

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