Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War

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By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but also mire the two nations in an economic cold war. Dow Stumbles Toward Another Setback All three of Wall Street’s major indices suffered moderate declines. As of 9:53 am ET, the Dow Jones Industrial Average had lost 70.14 points or 0.27% to reduce the index to 25,807.19. The S&P 500 slid 0.25% to 2,857.32, and the Nasdaq dropped 0.23% to

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