REUTERS: U.S. stocks posted broad-based declines on Monday after President Donald Trump threatened to raise tariffs on Chinese goods this week, triggering worries about a global economic slowdown.
"Obviously it was a negative start, but the market still appears confident that we will get a China trade deal and this was Trump's art of the deal strategy," said Gary Bradshaw, portfolio manager with Hodges Funds in Dallas. Apple Inc declined 2.3per cent, dragging the tech sector lower, while other marquee names such as Amazon.com Inc, Microsoft Corp and Facebook Inc fell about 1per cent.
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