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Stocks sink as Trump ratchets up trade pressure on China

Stocks (^DJI, ^GSPC, ^IXIC) sink as President Trump ratchets up trade pressure on China. The utilities (XLU) sector is most in the green, and the materials (XLB) sector is most in the red. Yahoo Finance’s Jared Blikre joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Rick Newman, Ethan Wolff-Mann and Yahoo Finance tech critic David Pogue. Also joining the panel, Andrea Illy, chairperson of illycaffè.