Escalating U.S.-China trade war sends stocks plunging

New York • U.S. stocks moved sharply lower Monday on Wall Street and extended the market’s slide into a second week as investors seek shelter from an escalating trade war between the U.S. and China.The Dow Jones Industrial Average and S&P 500 index each fell more than 2% as investors sold trade-sensitive shares. Chipmakers led the big declines in technology while heavy equipment makers Deere and Caterpillar drove losses in the industrial sector.The world's largest economies had se