Stocks, commodities tumble Monday as China strikes back

U.S. STOCKS fall Monday following the announcement of retaliatory tariffs from China on thousands of goods and products. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON
U.S. STOCKS fall Monday following the announcement of retaliatory tariffs from China on thousands of goods and products. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON
NEW YORK – United States stocks and commodities tumbled after China retaliated with higher tariffs on a range of American goods. Treasuries jumped with the Japanese yen on demand for haven assets. The S&P 500 dropped the most in four months, the Dow Jones Industrial Average slumped more than 600 points and the Nasdaq Composite…

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