Dow falls nearly 600 points as trade fears rattle investors
Boeing and Caterpillar, two companies that could be adversely affected by a trade war with China, both fell more than 3.5 percent.
Stocks fell sharply on Friday as worries of a trade war brewing between the U.S. and China grew. Wall Street also digested disappointing employment data.
The Dow Jones industrial average fell 593 points, with Boeing and Caterpillar as the biggest decliners in the index. The S&P 500 declined more than 2 percent, with industrials as the worst-performing sector. The Nasdaq composite dropped 2.2 percent.-- More...
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