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Sell-off extends monthly decline that is on track to be worst since December plunge
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 China said the United States needs to correct its "wrong actions" in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered technology shares.
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 U.S. stock index futures slid on
Thursday, as investors worried that the U.S.-China trade war
could spiral into a technology cold war between the two
countries, with no signs of resolution in sight.
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Optimism over recession indicator pointing to extension of current economic cycle may be unwarranted
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World shares skidded lower on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war between the world's two largest economies and that Brexit was heading for another unpredictable twist.
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U.S. President Donald Trump's $16 billion aid program will help American farmers hurt by the ongoing U.S.-China trade war, including efforts to open the door to their products outside of China, the U.S. agriculture secretary said on Thursday.
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 Stocks opened sharply lower Thursday, with the Dow Jones Industrial Average turning lower for the week, as worries surrounding U.S.-China trade tensions continued to plague the market. The Dow tumbled 291.32 points, or 1.1%, to 25,485.29, leaving it down 1.1% for the week; the S&P 500 fell 31.46 points, or 1.1%, to 2,824.81, while the Nasdaq Composite dropped 97.81 points, or 1.3%, to 7,653.03.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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President Trump is expected to announce the farm aid plan later Thursday at the White House.
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BJ's Wholesale Club Holdings Inc. reported Thursday fiscal first-quarter earnings and same-store sales that rose above expectations, and affirmed its full-year outlook. The membership-bases warehouse retailer's stock was still inactive in premarket trade. Net income for the quarter to May 4 rose to $35.8 million, or 25 cents a share, from $14.1 million, or 15 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share increased to 26 cents from 20 cents, and topped the FactSet consensus of 25 cents. Total revenue rose 2.7% to $3.14 billion, in line with the FactSet consensus of $3.12 billion, as net sales grew 2.5% to $3.07 billion and membership fee revenue rose 8.0% to $73.4 million. The company affirmed its fiscal 2019 guidance ranges for EPS of $1.42 to $1.50 and for net sales of $12.9 billion to $13.2 billion. The FactSet consensus for EPS is $1.47 and for net sales is $13.05 billion. The stock has rallied 14.7% year to date, while the SPDR S&P Retail ETF has gained 3.1% and the S&P 500 has advanced 13.9%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement.
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Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world's two largest economies.
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U.S. stock futures tumble as China trade spat continues to unsettle investors MarketWatchWall Street was setting up for a bumpy session on Thursday as a U.S.-China trade spat simmered and the Fed failed to give stocks a lift from the minutes of...
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 U.S. stocks finish lower Wednesday as lingering trade woes overshadow the release of the minutes from the Federal Reserve's policy meeting that was largely interpreted as accommodative.
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The Treasury secretary spoke to the chief financial officer of Walmart about steering its supply chain away from China.
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