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September 18, 2018

Sagging tech stocks, trade worries drag down market

By ALEX VEIGA
AP Business Writer

A slide in technology companies helped pull U.S. stocks lower Monday, snapping a five-day winning streak for the market.

The sell-off came amid speculation that the Trump administration was preparing to impose tariffs on another $200 billion worth of Chinese goods. The two governments have already imposed 25 percent tariffs on $50 billion of each other's goods, and another round of tariffs would represent a significant escalation in the trade dispute between the world's two largest economies.


 
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