U.S. Stock ETFs Reel in Response to China’s Retaliatory Tariffs
May 13, 2019 at 14:17 PM EDT
U.S. markets and stock ETFs plunged Monday after China revealed its own tariff hikes and a breakdown in trade negotiations between the two countries, fueling fears of an all-out trade war that could drag down the global economy. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) declined 3.3%, SPDR Dow...