When China and U.S. Fight Over Trade, European Stocks Gets Hurt

China’s main stock benchmark entered bear-market territory Tuesday as trade tensions continued to reverberate and investors grew more concerned about the world’s second-largest economy.

A further lurch downward for the Shanghai Composite Index brought it 20.1% below a two-year high reached on Jan. 24, breaching the 20% level that defines a bear market. The move followed a tumultuous Monday for U.S. markets that had investors scrambling to decipher competing trade talk from the White House about a potential escalation of restrictions…

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