U.S. Markets open in 1 hr 54 mins

The Dow Plunges 617 Points Because China Is Hitting Back With Retaliatory Tariffs

Evie Liu

News of China’s retaliatory tariffs sent shares tumbling. The Dow Jones Industrial Average lost 2.38% to close at 25,324.99. The S&P 500 has dropped 2.41% to finish at 2811.87, and the Nasdaq Composite dropped 3.41% to close at 7647.02.