Dow drops 200 points on record retail-sales decline, escalating US-China tensions

US equities slumped Friday amid jarring retail-sales data and intensifying US-China trade tensions.
Consumer spending tumbled an unprecedented 16.4% in April, nearly double the previous record contraction set in March, the Commerce Department announced Friday.
The Trump administration said Friday it aims to block semiconductor shipments to Huawei Technologies. China state media fired back, saying the country would "restrict or investigate" US tech firms if such policy is implemented.
W