US markets today: Stocks slip as China trade tensions flare up; tech and banking in focus

The decline adds to recent volatility, following Wall Street’s worst day since April last Friday and a rebound on Monday, which was the best day since May. Analysts said the swings reflected shifting sentiment over US-China trade relations.The latest downturn came after China’s Commerce Ministry barred Chinese companies from dealing with five subsidiaries of South Korean shipbuilder Hanwha Ocean, a move seen as countering President Donald Trump’s efforts to rebuild US shipbuilding. European markets were als ...