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Wall St snaps 4-day rally; latest trade threat weighs

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares.China responded to U.S. President Donald Trump's threats by accusing the United States of bullying and warned that it would hit back.Industrial names including Boeing , 3M and Caterpillar , which have been among the hardest hit by the recent trade dispute, were among the Dow's biggest drags.Materials , down ...

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First Published: Thu, July 12 2018. 02:29 IST