
US stocks: Citigroup tanks 7.4%, JPMorgan Chase down 4.8%, auto shares dip over 3%
Wall Street stocks slumped on Tuesday as worries of a global trade war deepened. Investors grew increasingly nervous about how US trade tariffs will erode economic growth. At 11:47 a.m. ET, the Dow Jones Industrial Average fell 698.44 points, or 1.62%, to 42,492.80, the S&P 500 lost 88.03 points, or 1.50%, to 5,761.69 and the...
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