Dow faces 400-point slide after Huawei executive's arrest renews trade fears

WPLG -

WPLG—Market sentiment is so fragile that news of an arrest is enough to set off a selling wave. The Dow is on track to slide 400 points at Thursday's open after the arrest of Huawei CFO Meng Wanzhou in Canada renewed doubts about the US-China truce. The S&P 500 is set to decline by 1.7%, while the Nasdaq is bracing for a 2.2% tumble. The latest sign of tension between Washington and Beijing also sent shudders through global markets. Hong Kong's Hang Seng plunged 2.5% overnight, while European...

Dow Jones down 400 points on trade fears after Chinese tech exec's arrest. U.S equity markets were closed Wednesday because of former President Bush's memorial.