New story in Business from Time: Stock Market Drops 500 Points Following China-U.S. Trade Dispute
(NEW YORK) — Stocks are opening sharply lower on Wall Street as an escalating trade dispute between the U.S. and China poses a threat to global economic growth and corporate profits. The Dow Jones industrial average fell about 500 points at the open, with energy, industrial and materials sectors leading the decline. Deere & Co. …