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Aug. 5, 2019, 9:34 a.m. EDT

Dow opens with another triple-digit decline as China ratchets up trade tensions

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By Andrea Riquier

U.S. stocks opened deeply in the red on Monday after China allowed its currency to fall to a fresh low against the dollar, upping the ante in the ongoing trade war. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -4.42% opened at 26,189, 1.2%, or 384 points lower. The S&P 500 /zigman2/quotes/210599714/realtime SPX -4.42% opened at 2,895, down 37 points, or 1.2%. The Nasdaq /zigman2/quotes/210598365/realtime COMP -4.61% was off 179 points, 2.2%, at the start of trading, to 7,822. Global stocks suffered steep declines as well. In pre-market trading, shares of Cars.com lost more than one-third of their value after the company announced it had received no bids to sell itself.

Read the full story:
Dow drops over 400 points as yuan slide deepens U.S.-China trade fight

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
25,766.03
-1,192 -4.42%
Volume: 659.56M
Feb. 27, 2020 4:05p
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/zigman2/quotes/210599714/realtime
US : S&P US
2,978.69
-137.70 -4.42%
Volume: 3.85B
Feb. 27, 2020 4:05p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
8,566.48
-414.29 -4.61%
Volume: 3.89M
Feb. 27, 2020 4:05p
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