Dow drops 200 points on record retail-sales decline, escalating US-China tensions

Dow drops 200 points on record retail-sales decline, escalating US-China tensions

Business Insider

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· *US equities slumped Friday amid jarring retail-sales data and intensifying US-China trade tensions.*
· *Consumer spending tumbled an unprecedented 16.4% in April, nearly double the previous record contraction set in March, the Commerce Department announced Friday.*
· *The Trump administration said Friday it aims to block...

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