The Dow dropped 400 points and stumbled back into a correction on Friday as worries about a trade war with China intensified.
The selling followed a 734-point plunge on Thursday, after President Trump launched a crackdown on China's trade tactics.
The losses Friday put the Dow back into correction territory, 10% below its all-time high in January. The average has lost almost 3,000 points since then.
"We have this general freak-out. We don't know the next shoe to drop on trade," said Michael Block, chief strategist at Rhino Trading Partners.
Investors were further rattled by China's ambassador to the United States signaling it could ease Treasury purchases in response to Trump's tariffs. "We are looking at all options," Ambassador Cui Tiankai told Bloomberg News on Friday.
Read more: http://money.cnn.com/2018/03/23/investing/dow-jones-stocks-trade-war-china/index.html