A board above the floor of the New York Stock Exchange shows the falling Dow Jones Industrial Average on Monday. Photo: AP

US stocks plummet as China announces trade war retaliation involving currency value and farm purchases

  • Dow, Nasdaq and S&P plunge as Beijing allows the yuan to weaken below 7 to the US dollar and says it will stop buying US agricultural goods
  • Technology stocks are among the hardest hit, as the sector stands to suffer more than others if the trade war keeps escalating
Topic |   Currency war

TOP PICKS

A board above the floor of the New York Stock Exchange shows the falling Dow Jones Industrial Average on Monday. Photo: AP
READ FULL ARTICLE