Strocks Tank On Wall Street

August 5, 2019 5:20 pm

NEW YORK (AP) – Stocks tanked again Monday on worries about how much President Donald Trump’s worsening trade war will damage the economy, and the S&P 500 was headed for its worst drop since late last year, when the market was wrapped in the throes of recession fears. China let its currency, the yuan, drop to its lowest level against the dollar in more than a decade, a move that Trump railed against as “currency manipulation.”