Wall street rocked by China threats Unlisted Video

(Reuters) - Wall Street’s main indexes were set to drop nearly 2% on Monday after Beijing announced plans to retaliate with tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 9, 2019. REUTERS/Brendan McDermid Futures pointed to an almost 500-point fall at the open for the Dow Jones Industrial Average index .