Dow tumbles more than 150 points as Trump says US will slap tariff on Chinese goods
Stocks dropped at Friday's open after the Trump administration said it will impose a 25 percent charge on up to $50 billion in Chinese goods. The Dow Jones industrial average fell 164 points, with Caterpillar and Boeing as the worst-performing stocks in the index. The S&P 500 dropped 0.3 percent as tech and industrials lagged.