Stocks Open Lower as Tariff Fears Reignite

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Suddenly the stock market is at risk of streaking the opposite way.

The Dow Jones Industrial Average was down 330 points, or 0.8%. The S&P 500 was down 1%. The Nasdaq Composite was down 1.3%. All three fell on Monday, with the S&P snapping its longest winning streak since 2004.

Wall Street is starting to express renewed anxiety about President Donald Trump’s tariffs, especially given the lack of progress on major trade deals and renewed threats on certain industries like movies and pharmaceuticals.