Stocks Slide After Report That Trump Is Planning Wider China Tech Sanctions

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President Trump’s trade war with China was top of mind for traders in Friday afternoon trading.

The Dow was down 183 points, or 0.4%. The S&P 500 was down 0.8%. The Nasdaq Composite was down 1.4%.

The market took a turn toward session lows after a headline from Bloomberg hit a wires about plans for the U.S. to crack down on subsidiaries of companies that face U.S. tech restrictions. The Invesco Golden Dragon China ETF was down 3.2%.