Dow loses 25,000 foothold in morning trade with 200-point skid lower
The Dow Jones Industrial Average on Friday headed firmly lower for a third straight session, with declines deepening in early action, amid growing concerns about global growth and troubles forging a U.S.-China trade agreement. The Dow was down 210 points, or 0.8%, at 24,955, most recently, with a sixth weekly gain in jeopardy for the blue-chip index. Meanwhile, the S&P 500 index declined 0.7% to reach 2,687, while the Nasdaq Composite Index traded 0.7% lower at 7,234. All three main stock benchmarks were on the verge of putting in their longest losing streaks of 2019, three straight sessions. Trade-war jitters remain a central issue for investors, after President Donald Trump confirmed reports that he had no plans to meet with Chinese President Xi Jinping before a March 1 trade-deal deadline. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.