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Trade war hits microchips and banks in market rout
The stock market shows broad vulnerability as U.S. China tariffs weigh on companies linked to China and even those with sparse ties. Micron, energy and financials slump while investors fear a self-fulfilling slowdown. Caterpillar insulated by local sales.
MENTIONED IN THIS ARTICLE
New York
China
Donald Trump
Trump
U.S
National Oilwell Varco
Houston
United States
Saudi Arabia
Brazil
Norway
Comerica
Dallas
Arizona
California
Florida
Texas
Michigan
Canada
Mexico
Micron
S&p 500
Stephen Volkmann
Jefferies
Volkmann
Caterpillar