Stocks feel pressure from trade tensions; industrials slip further [Los Angeles Times (CA)]
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Source: Los Angeles Times
Stocks feel pressure from trade tensions; industrials slip further U.S. stocks are mostly lower as investors' fears about tariffs and decreased international trade continue to hurt industrial companies. Banks are falling as bond yields decline, but technology companies are making gains. Department stores and other retailers are losing ground after the Commerce Department said retail sales fell in February. KEEPING SCORE: The S&P 500 index was down 6 points, or 0.3%, to 2,758 as of 2:05 p.m. Eastern time. The Dow Jones industrial average fell 141 points, or 0.6%, to 24,865. Earlier it fell as much as 338 points. The Dow comprises 30 large multinational companies and has been hit hard by concerns about tariffs this month. The Nasdaq composite rose 12 points, or 0.2%, to 7,523. The Russell 2000 index of smaller-company stocks slipped 2 points, or 0.1%, to 1,590. TRADE TROUBLES: Investors remained focused on the potential for new trade actions from President Trump and leaders in Europe wa
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