Trump’s Threat on Higher China Tariffs Wipes Out Stocks’ Weekly Gains
1. U.S. stocks fell sharply after Trump's tariff threats. 2. S&P 500 and Nasdaq had their worst day since April. 3. Broadcom's stock dropped 5.9% due to chip market reactions. 4. Concerns over trade wars and softening employment trends increased. 5. Market volatility spiked significantly amidst trade war fears.