China is turning hostile, said Trump, warning a raise in tariffs. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Wall Street was jittery and cryptocurrency market slumped on Tuesday, as China sharpened its rhetoric against the United States with a vow to "fight till the end" if Washington raises the tariffs.
The ratcheting up of trade tensions between the world's two largest economies has affected sentiments at the Wall Street, with all three main indices felling in early trade.
The Dow Jones Industrial Average slipped 0.2%, S&P 500 shed 0.5% and the Nasdaq Composite lost as much as 1%. This comes a day after the stock market had risen, following President Donald Trump's comment that "all will be fine" with China.
The US market indices had slum