https://www.mercurynews.com/2019/08/05/markets-plunge-on-us-china-trade-war-escalation/ > By Stan Choe and Damian J. Troise | Associated Press > NEW YORK — Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump’s escalating trade war with China will damage the economy. Major U.S. indexes are headed for their biggest drops since early last year.