NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

Economy / Everyone knows Trump is messing up, but fear and greed prevent resistance. Jeet Heer Normally, it’s a mistake to blame the fluctuations of the stock market on the actions of just one person—even if they are president of the United States.