Markets Dive as China Retaliation Reignites U.S. Trade Fears. Stock Futures Drop.

The three major indexes rallied on Monday, after President Donald Trump signaled that China and the U.S. ought to be able to resolve their trade dispute. But Beijing retaliated with a series of countermeasures on Tuesday, which now look set to weigh on sentiment. Futures tracking the Dow Jones Industrial Average fell 237 points, or 0.5%. S&P 500 futures dropped 0.8%, and contracts tied to the tech-heavy Nasdaq 100 slid 1.0%. U.S. stocks were on course to drop Tuesday after China hit back at the U.S. with a ...