Stocks

How major US stock indexes fared Tuesday

An escalating showdown between the U.S. and China over trade sent shudders through the stock market Tuesday, handing the S&P 500 is biggest loss since late March.

Chinese team heads to Washington to salvage trade talks

China's government has confirmed its economy czar will go to Washington as scheduled this week for trade negotiations despite President Donald Trump's threat of new tariff hikes in a fight over Beijing's technology ambitions.

Asia stocks mostly higher after Trump trade threat

U.S. stocks fell sharply at the opening of trading Monday, following a sell-off in Europe and Asia, after President Donald Trump threatened to escalate a trade war between the world's two largest economies.

Business Highlights

___ US-China deal seems dim but possible as talks stay on track BEIJING (AP) — President Donald Trump's new threat to escalate tariffs on Chinese goods has clouded prospects for a trade agreement, though preparations by Beijing's envoys to still visit the United States this week are buoying hopes for some breakthrough to end the trade war between the world's two largest economies.