Stocks extend losses as U.S.-China trade spat lingers

U.S. stock indexes opened lower on Wednesday, extending recent declines as trade tensions between the U.S. and China show no signs of easing. The Office of the U.S. Trade Representative said early on Wednesday that tariffs on $200 billion of China goods would increase from 10% to 25%, effective Friday, a formal anticipated step that underlines fears of a full-blown trade war. At the opening bell, the Dow Jones Industrial Average DJIA, +0.02% fell around 20 points, the S&P 500 SPX, -0.

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