US stocks slip as trade tensions with China flare up again | National

NEW YORK (AP) — Stocks slumped in morning trading on Wall Street Tuesday as trade tensions escalate again with China.

The S&P 500 fell 1%. The Dow Jones Industrial Average slipped 383 points, or 0.8%, as of 9:57 a.m. Eastern time. The Nasdaq composite shed 1.5%.

kAm%96 D=:56 >2C2C<6ED @G6C E96 =2DE 76H 52JD] (2== $EC66E EF>3=65 @? uC:52J 7@C :ED H@CDE 52J D:?46 pAC:= 2?5 3@F?465 324< @? |@?52J 7@C :ED 36DE 52J D:?46 |2J] %96 DH:?8D H6C6 AC@>AE65 3J D9:7E:?8 EC256 D6?E:>6?E 36EH66? E96 &]$] 2?5 r9:?2]k^Am

kAm%96 =2E6DE 5:A 7@==@HD r9:?2’D r@>>6C46 |:?:DECJ k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^49:?2\FD\92?H92\D9:A3F:=5:?8\<@C62\EC256\43fabcg33__43hdg_`4a5e3d2cff_a72Qm32??:?8 562=:?8Dk^2m 3J r9:?6D6 4@>A2?:6D H:E9 7:G6 DF3D:5:2C:6D @7 $@FE9 z@C62? D9:A3F:=56C w2?H92 ~462?[ DH:A:?8 2E !C6D:56?E s@?2=5 %CF>A’D 677@CED E@ C63F:=5 E96 :?5FDECJ 😕 p>6C:42] tFC@A62? >2C<6ED H6C6 =@H6C 2?5 pD:2? >2C<6ED 76==]k^Am

kAm%96 @?8@:?8 EC256 H2C 36EH66? E96 &]$] 2?5 E96 H@C=5 92D 366? 2? F?AC65:4E23=6 H6:89E @? E96 >2C<6E] %96 EC256 4@?7=:4E 36EH66? E96 &]$] 2?5 r9:?2 😀 A@E6?E:2==J E96 >@DE 64@?@>:42==J 4@?D6BF6?E:2=[ @H:?8 E@ E9@D6 ?2E:@?D’ A@D:E:@?D 2D E96 EH@ =2C86DE 64@?@>:6D 😕 E96 H@C=5]k^Am

kAmx?E6C?2E:@?2= D9:AA:?8 2?5 D9:A3F:=5:?8 92G6 364@>6 2 >2;@C D@FC46 @7 7C:4E:@? 36EH66? (2D9:?8E@? 2?5 q6:;:?8[ H:E9 6249 D:56 :>A@D:?8 k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^49:?2\FD\A@CE\766D\2efhhedaa5cf_d6eeb6bfd`d72cd327dQm?6H A@CE 766Dk^2m @? 6249 @E96CD’ G6DD6=D] %9@D6 766D H6?E :?E@ 67764E @? %F6D52J]k^Am

kAm%96 &]$] 64@?@>J 92D D@ 72C 5@5865 2?J >2;@C :>A24E 7C@> E96 3C@25 2?5 4@?DE2?E=J D9:7E:?8 &]$] E2C:77 A@=:4J] %92E 4@F=5 492?86 :7 ?2E:@?D 72== 324< :?E@ 2 4J4=6 @7 C6E2=:2E@CJ E2C:77D 2?5 4@>A2?:6D A2DD 2=@?8 >@C6 @7 E96 9:896C 4@DED E@ 4@?DF>6CD]k^Am

kAm%96 &]$] 8@G6C?>6?E D9FE5@H? 92D AFE 2 92=E E@ E96 FDF2= 64@?@>:4 FA52E6D @? :?7=2E:@?[ 4@?DF>6C DA6?5:?8 2?5 ;@3 8C@HE9] (2== $EC66E 😀 =@@<:?8 E@H2C5 E96 =2E6DE C@F?5 @7 4@>A2?J 62C?:?8D 2?5 7@C642DED E@ 86E 2 36EE6C D6?D6 @7 E96 3C@256C 64@?@>:4 A:4EFC6]k^Am

kAmy!|@C82? r92D6 D=:AA65 b]gT[ 56DA:E6 362E:?8 (2== $EC66EVD AC@7:E 7@C642DED 7@C :ED =2E6DE BF2CE6C] (6==D u2C8@ C@D6 b]dT 27E6C 362E:?8 2?2=JDEDV 7@C642DED]k^Am

kAmw62=E9 42C6 8:2?E y@9?D@? U2>Aj y@9?D@? 76== `]gT 27E6C 2??@F?4:?8 E92E :E H:== D6A2C2E6 :ED @CE9@A65:4D 3FD:?6DD :?E@ 2 DE2?52=@?6 4@>A2?J]k^Am

kAm%C62DFCJ J:6=5D 96=5 C6=2E:G6=J DE625J] %96 J:6=5 @? E96 J:6=5 @? E96 `_\J62C %C62DFCJ 76== E@ c]_cT 7C@> c]_dT =2E6 uC:52J] q@?5 >2C<6ED H6C6 4=@D65 😕 E96 &]$] @? |@?52J 7@C 2 9@=:52J]k^Am

k9C ^m

kAmp! HC:E6CD *FC: z286J2>2 2?5 |2EE ~EE 4@?EC:3FE65 E@ E9:D C6A@CE]k^Am

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.