US Stock Market Live: Dow futures fall 800 points after China retaliates; 10-year yield at 4.45%

US Stock Market Live: Futures on Wall Street, that were staging a brief recovery from the lows amidst extreme volatility, are back to trading with losses after China increased the tariff on US goods to 84%, an increase from the 34% levy imposed last Friday. The Dow futures are down 750 points, while those on the S&P 500 and Nasdaq were down 120 and 250 points respectively. Earlier in the day, China, in a white paper had urged that dialogue will be the only way to resolve issues and confrontation will result in damage to both the US and China.

US Stock Market Live: Futures on Wall Street, that were staging a brief recovery from the lows amidst extreme volatility, are back to trading with losses after China increased the tariff on US goods to 84%, an increase from the 34% levy imposed last Friday. The Dow futures are down 750 points, while those on the S&P 500 and Nasdaq were down 120 and 250 points respectively. Earlier in the day, China, in a white paper had urged that dialogue will be the only way to resolve issues and confrontation will result in damage to both the US and China. With no retaliation in that paper, the US futures saw sharp swings from the lows, but continued to trade below the flat line. It remains to be seen how the Trump administration responds to this escalation. European equities have plunged, treasury yields have surged while oil prices continue to crash.