A senior Trump administration official told Reuters that steep tariffs against China are likely "in the very near future."
Carl Icahn, the billionaire investor who advised the president on regulatory reform, sold millions in steel-related stocks days before President Donald Trump announced he would impose steep tariffs on foreign steel.
In a rare tweet to Trump, Denmark's Prime Minister Rasmussen pleaded the president hear out young Americans to "Make America great and safe again!"
At some point the business cycle needs to turn, since we've enjoyed such a prolonged recovery.
Gun share prices rise after mass shootings with the perception that tighter gun control rules will follow and that people need to better protect themselves.
Federal Reserve chair says an adjustment will 'likely be appropriate' after evaluating employment and inflation data.
Expected signals on Trump's on planned global trade and China policies prompted caution from investors.
Adding to uncertainty this week will be the rebalancing of Russell indexes, requiring fund managers to rebalance their own portfolios.
Fears of a China-led global slowdown, along with oil's steep slide, have dampened the market's expectations for a hike.
Global stocks plunged on Monday, with the Dow making its worst start to a year since 2008.
Upbeat results from Apple could give the market a boost on Wednesday.
The Dow Jones industrial average rose 1.47 percent to 16,284.7.
The Nasdaq composite and S&P 500 both dropped more than 2 percent.
Major indexes fell almost 3 percent.
China's manufacturing sector shrank at its fastest pace in three years.
In August, the S&P lost 6.3 percent, the Dow fell 6.6 percent and the Nasdaq declined 6.9 percent.
The Dow Jones industrial average rose 312.94 points to 15,979.38.
Investors are afraid of a hard landing for the Chinese economy, the world's most important growth engine.