DJIA -500. Dow opens with another triple-digit decline as China ratchets up trade tensions [View all]

[Roland99]

https://www.marketwatch.com/story/dow-opens-with-another-triple-digit-decline-as-china-ratchets-up-trade-tensions-2019-08-05?mod=bnbh

U.S. stocks opened deeply in the red on Monday after China allowed its currency to fall to a fresh low against the dollar, upping the ante in the ongoing trade war. The Dow Jones Industrial Average DJIA, -1.92% opened at 26,189, 1.2%, or 384 points lower. The S&P 500 SPX, -1.97% opened at 2,895, down 37 points, or 1.2%. The Nasdaq COMP, -2.54% was off 179 points, 2.2%, at the start of trading, to 7,822. Global stocks suffered steep declines as well. In pre-market trading, shares of Cars.com lost more than one-third of their value after the company announced it had received no bids to sell itself.