Rising trade tensions sink U.S. stocks, Dow Jones down 476 points

Dow Jones Industrial Average Technicals in Focus

The president has for days been assailing Amazon, lately focusing on a "scam" contract with the U.S. Postal Service that has actually been judged profitable for the post office.

Advancing issues outnumbered decliners on the NYSE for a 3.08-to-1 ratio and for a 3.18-to-1 on the Nasdaq.

"The fact that a country has actually raised tariffs in retaliation is an important step in the wrong direction", she said. The President's anger may be motivated in part by his resentment of Jeff Bezos, the billionaire founder of Amazon, who also owns The Washington Post, a persistent critic of the Trump administration.

Shares of Tesla Inc (TSLA.O) ended the day down 5.1 percent after the company was reported to be making 2,000 Model 3s per week, missing its 2,500 target. Companies in the S&P 500 are projected to report a 17.3% increase compared with the year-ago period, according to Factset.

Shares of Boeing Co., for instance, continued their recent slide on Monday, losing 1.7 per cent, as investors fretted about whether the USA airplane maker, a major supplier to Chinese state-owned airlines, will have its wings clipped by retaliatory Chinese action.

All 11 major sectors of the S&P 500 closed lower, with the biggest losses seen by the consumer discretionary.SPLRCD and technology.SPLRCT indexes, which were down 2.8 percent and 2.5 percent, respectively. Coca-Cola climbed 1.8 per cent and Johnson & Johnson added 2 per cent. Meanwhile, Tyson Foods Inc., a major USA pork exporter, suffered a 6.3-per-cent decline in its stock price after Beijing's food tariffs took effect.

"There isn't an agency that goes through Trump's tweets and acts on them", she said.

Fortnite Vending Machines: What to Expect
The iOS version is the same as the console and PC versions, and it includes cross-play across all platforms. The good news is there is cross play, so iPhone gamers can play with and against PS4 and Xbox players, too.

Thousands pay their respects at Stephen Hawking's funeral
Mike Meylan, a New Zealand mathematics professor visiting Cambridge University, brought his children to explain Hawking's genius. Today, his coffin was driven via a hearse through Cambridge , topped with white "Universe" lilies and white "Polar Star" roses.

Stocks surge as the tech selloff ends
The S&P 500 index slipped 7.62 points, or 0.3% to 2,605, with six of its 11 main sectors ending in negative territory. GameStop ( GME.N ) shares fell 10.8 percent after the company provided disappointing full-year sales forecast.

Amazon fell 5.2 percent following broadsides from Trump on Twitter. Intel plunged $4.05, or 7.8 percent, to $48.04. Brent crude, used to price global oils, slid $1.70, or 2.5 percent, to $67.64 a barrel in London.

Health insurer Humana Inc's (HUM.N) shares closed up 4.4 percent on news it was in talks with Walmart (WMT.N) to expand their partnership or possibly be acquired by the retailer. Humana gained 4.4 percent while Walmart slid 3.8 percent.

Tesla declined after the electric auto maker said Friday that the vehicle in a fatal crash last week in California was operating on Autopilot mode, making it the latest accident to involve a semi-autonomous vehicle.

Specialist Peter Giacchi, left, calls out prices before Spotify's IPO on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Yield on 10-year Treasury note rose after dropping to two-month lows on Monday, boosted by safety buying as stocks tumbled.

U.S. WTI crude oil +0.7% at $63.46/bbl.

Returning from the long Easter holiday weekend, Germany's DAX fell 0.8 percent while London's FTSE 100 declined 0.4 percent and France's CAC 40 dipped 0.3 percent.

The dollar rose to 106.61 yen from 105.85 yen. Hong Kong's Hang Seng bucked the trend, ending up 0.2 per cent at 30,137.49. The euro dipped to $1.2288 from $1.2306.

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