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Stock markets drop on news that U.S. economy shrank amid tariffs - National | Globalnews.ca

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The S&P 500 was down 1.2 per cent in afternoon trading and on track to end a six-day winning streak.

The Dow Jones Industrial Average was down 316 points, or 0.8 per cent , as of 1:10 p.m. Eastern time.

The big losses soon eased in the latest sharp swings to hit Wall Street amid uncertainty about what President Donald Trump ’s trade war will do to the economy.