U.S. stock futures slide, yen rises as Trump proposes more China tariffs

From reuters.com

U.S. stock markets slid and the yen rose against the dollar on Friday after U.S. President Donald Trump proposed additional tariffs on China, aggravating trade tensions and smothering a revival in broader investor risk appetite. The S&P 500 E-mini futures were down 1.45 percent, pointing to a lower start for Wall Street later in the session. Dow futures were down 1.7 percent. The Dow and the S&P 500 posted gains for a third day in a row on Thursday, the longest streak in about a month, as investor fears of an escalating trade conflict between the United States and China abated, turning the focus to upcoming ... (full story)