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Trade worries threaten Wall Street's four-day winning streak

Reuters 

By Amy Caren Daniel(Reuters) - U.S. stocks fell on Wednesday and looked set to snap their four-day winning streak after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods raised fears of an escalating trade war.China responded to Trump's threats by accusing the United States of bullying and warned that it would hit back.The biggest drags on the Dow Jones Industrial Average were Boeing, 3M, Caterpillar and Chevron. Their shares were down between 1.7 percent and 2.9 percent.The materials index dropped 1.95 percent, the most among the major S&P sectors, ...

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First Published: Wed, July 11 2018. 23:08 IST
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