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

Core Viewpoint - U.S. stocks are expected to decline due to renewed trade tensions between the U.S. and China following China's implementation of new trade policies [1][2] Group 1: Market Reactions - Futures for the Dow Jones Industrial Average fell by 237 points, or 0.5% [1] - S&P 500 futures decreased by 0.8% [1] - Contracts linked to the Nasdaq 100 dropped by 1.0% [1] Group 2: Background Context - The major indexes had rallied on Monday after positive signals from President Donald Trump regarding the resolution of the trade dispute [2] - China's countermeasures on Tuesday have negatively impacted market sentiment [2]