Apple, Goldman Sachs lead Dow dive amid China-US fight

(Fox) -- U.S. stocks tumbled by triple digits Monday, with the Dow Jones Industrials hitting a 700+ point drop early afternoon before curbing some of those losses, as trade tensions rise between the U.S. and China.

The major market averages fell 3 percent across the board to lows not seen since March.

Ticker Security Last Change %Chg
I:DJI DOW JONES AVERAGES 25343.33 -599.04 -2.31%
SP500 S&P 500 2818.85 -62.55 -2.17%
I:COMP NASDAQ COMPOSITE INDEX 7684.150803 -232.79 -2.94%

Within the Dow, Verizon and General Electric fell the least amid volatility, while Apple and Goldman Sachs were the worst performers.

Ticker Security Last Change %Chg
VZ VERIZON COMMUNICATIONS INC. 56.98 +0.07 +0.11%
GE GENERAL ELECTRIC COMPANY 9.95 -0.18 -1.78%
AAPL APPLE INC. 187.03 -10.15 -5.15%

China slapped $60 billion on U.S. imports set to begin on June 1 early Monday morning. 

This as President Trump continued to razz the Chinese in a series of weekend and morning Tweets.

The latest had Trump threatening that the lack of a deal may mean it will become "too expensive to buy in China" among other things.

 

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