Oct. 29 (UPI) -- Stocks took a tumble Monday with the Dow Jones Industrial Averageexperiencing a dramatic swing to close down nearly 250 points amid concerns of another wave of Chines tariffs.
The Dow closed down 245 points, or 0.99 percent the S&P 500 was down 0.7 percent and the Nasdaq fell 1.6 percent after Bloomberg reported the United States is preparing to announce new tariffs on all remaining Chinese imports by December if talks between U.S. President Donald Trump and Chinese President Xi Jinping next month don't resolve the ongoing trade war.