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Wall Street slumps as yuan slide intensifies trade angst

Reuters Monday, 5 August 2019 ()
Wall Street's main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points, as China's willingness to let the yuan slide in response to the latest U.S. tariff threat fanned fears that it could further aggravate an ongoing trade war.
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News video: Wall Street recovers but trade war fears simmer

Wall Street recovers but trade war fears simmer 02:37

Stocks bounced-back Tuesday from the worst day of the year but the escalating trade war between the United States and China showed little sign of a major de-escalation. Conway G. Gittens reports.

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