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        <title><![CDATA[Stocks slide as Wall Street grapples with protests and China tensions]]></title>
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            <media:title type="html">Stocks slide as Wall Street grapples with protests and China tensions</media:title>
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        <content:encoded><![CDATA[<p>US stocks slid Monday as Wall Street grappled with mounting unrest over police brutality and continued tensions with China.</p><p>The Dow Jones industrial average dropped as much as 140.82 points, or 0.5 percent, to 25,242.29 at the open, while the S&amp;P 500 fell as much as 0.4 percent and the tech-heavy Nasdaq lost as much as about 0.3 percent.</p><p>The tumble followed a <strong>weekend of violent protests across the nation</strong> sparked by the police killing of George Floyd in Minneapolis. It also came as China promised retaliation against President Trump&#8217;s move to <strong>start ending the US&#8217;s special trade relationship with Hong Kong</strong>.</p><p>&#8220;Uncertainty over the reopening of the US economy from the coronavirus-driven lockdowns, coupled with trade tensions and violent protests in major cities across the country is a worrisome combination for markets,&#8221; said David Trainer, CEO of investment research firm New Constructs.</p><p>The growing tensions at home and abroad helped slow Wall Street&#8217;s rally over the last two months amid optimism about the economy emerging from lockdowns meant to control the coronavirus. The S&amp;P ended May just about 10.3 percent below its all-time high reached in February, before the pandemic tanked global markets.</p><p>But global markets rose Monday given that Trump&#8217;s Friday strike at Beijing left the landmark US-China trade deal unscathed. Hong Kong&#8217;s Hang Seng index closed up 3.3 percent, while London&#8217;s FTSE 100 was recently up 0.7 percent.</p><p><em>With Post wires</em></p>]]></content:encoded>
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