[NEW YORK] President Donald Trump's shock decision ending a trade truce with China sent US stocks lower on Friday, with two major indices posting their biggest weekly losses of the year.
The benchmark Dow Jones Industrial Average fell 0.4 per cent on the day to 26,485.01, losing 2.6 per cent for the week. Shaw Cruz, manager of trader strategy at TDAmeritrade, told AFP the trade war news had investors fearing a hit to corporate profits later this year.
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