Dow falls 250 points as fears mount over drawn-out trade war

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Dow falls 250 points as fears mount over drawn-out trade war
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Stock futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the US and China would significantly hamper global growth.

Wall Street fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China would significantly hamper global growth.

President Donald Trump said on Friday he was not ready to make a deal with China, pouring cold water on any hopes that the dispute would end soon. Trade-related worries have been a major drag on the benchmark S&P 500, which has slipped 3.7 percent from its all-time high hit in July.

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