By CCN: As the U.S.-China trade war intensifies, and with both sides threatening to take ruthless measures to place even more pressure on each other’s economy, the Dow Jones and U.S. stock market at large have suffered vicious declines on Wednesday. Dow Collapses as Investors Flee Risky Assets Heading into the mid-afternoon, the Dow had plunged more than 250 points, bringing the DJIA’s weekly losses to 500 points after just two trading sessions. The Dow’s brutal shellacking was triggered investors fleeing riskier assets and piling into secure, stable bonds such as the U.S. Treasury note, fearing a stock market slump.
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* First published on ccn.com
