Wall Street swamped by fresh US-China trade worries; Dow falls 458 points

US stocks fell on Thursday as the arrest of a top Chinese technology executive stirred fears of fresh tensions between the United States and China over trade, although Wall Street's main indexes reduced steep losses from earlier in the session. Stocks resumed their slide after a rare midweek US trading holiday, while a drop in oil prices also hit the energy sector <.

SPNY>, which was the worst-performing major S&P 500 group. The chief financial officer of telecom equipment maker Huawei Technologies was arrested in Canada.

This article is no longer available in our repository.

There could be multiple reasons for this.