Dow Futures Plunge as China Hits Back With Tariff Hit as Trump Pushes Trade Case

Global stocks extend declines as China vows to hold its ground on trade and President Donald Trump says it has the world's second largest economy "right where we want". U.S. economic adviser Larry Kudlow suggests President s Trump and Xi Jinping could meet at next month's G20 Summit in Japan, but indicated no new progress in talks from Friday's standoff. Asia markets fell broadly across the board Monday, while European stocks were also notably lower, as investors favored safer assets and government bonds over equities.