The Dow Jones Industrial Average finished with a loss of 1.8 percent or more than 400 points, at 22,445.37, taking losses for the week to nearly seven percent. The broad-based S&P 500 slumped 2.1 percent to 2,416.58, while the tech-rich Nasdaq Composite Index slid 3.0 percent to close at 6,332.99. The declines pushed the Nasdaq into a "bear" market, meaning a retreat of 20 percent from its peak. And he said China must address all US concerns about its trade policies, saying there are "no half-measures." "The extremist position is winning in the Trump administration, not just on trade but on everything."

Source: The Nation Bangkok December 21, 2018 22:07 UTC