Dow Plunges 150 Points as Trump Adviser Questions Trade Deal Progress

The Dow and U.S. stock market traded sharply lower on Wednesday amid reports that Washington’s top trade adviser was in an “uncomfortable bind” over President Trump’s apparent softening on China. Dow Slips – S&P 500 and Nasdaq Follow All of Wall Street’s major indexes headed for steep losses in morning trade, reflecting a rocky pre-market for Dow futures. The Dow Jones Industrial Average fell 151 points, or 0.6%, to 25,906.74. The blue-chip index fell by as much as 180 points earlier in the session. Most of the Dow industrials reported losses, with UnitedHealth Group Inc. (UNH) leading the declines. The

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