Dow slides 450 points after Huawei executive’s arrest renews trade fears
Market sentiment is so fragile that news of an arrest is enough to set off a selling wave. The Dow declined 450 points, or 1.8%, at Thursday's open. The S&P 500 lost 1.8%, while the Nasdaq plunged 2%. The arrest of Huawei CFO Meng Wanzhou in Canada at the request of the United States renewed doubts about the US-China truce..