· The Dow Jones Industrial Average fell 103.01 points, or 0.41 percent, to 24,987.47, the S&P 500 lost 5.79 points, or 0.21 percent, to 2,773.87 and the Nasdaq Composite added 0.65 points, or 0.01 percent, to 7,747.03.
The Dow and S&P fell modestly on Monday, ending well off session lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs.
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· Asian stocks were mixed in early Tuesday trade after U.S. President Donald Trump fired a fresh salvo in the ongoing trade spat between the U.S. and China.
· Trump said on Monday that he had asked the U.S. Trade Representative to identify $200 billion worth of Chinese products that will be subject to additional tariffs of 10 percent. Those tariffs will take effect if China did not "change its practices," Trump added in a statement.
· Asian markets were mixed on the back of the news, with Japan's Nikkei 225 down 0.44 percent while South Korea's Kospi hovered around the flat line. Australian stocks tacked on 0.31 percent.
Reference: Reuters, CNBC
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