U.S. Stocks Set to Sink as China Retaliates, Treasury Yields Surge
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U.S. stock futures were headed for losses early Wednesday after President Donald Trump’s tariffs kicked in and China retaliated by raising its levies on American goods. Eyes are on the bond market and a selloff in U.S. Treasuries. S&P 500 futures were falling 1.9% and Nasdaq 100 futures were dropping 2.1%.
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