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Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823

Thousands are expected to honor Justice Ruth Bader Ginsburg at the Supreme Court building in Washington on Wednesday as her casket arrives for three days of public mourning in the nation's capital.Ginsburg's casket will arrive at the Supreme Court building at 9:30 a.m. ET on Wednesday morning. Ginsburg's family, close friends and colleagues will then attend a private ceremony in the Great Hall of the Supreme Court.Following the ceremony, Ginsburg will lie in repose at the top of the building's grand outdoor staircase and under its iconic portico. Thousands of mourners are expected to pay respects to Ginsburg Wednesday and Thursday.Ginsburg — the second woman ever appointed to the high court — will be the first female justice to lie in repose at the Supreme Court.After two days at the Supreme Court, Ginsburg's casket will be moved to the Capitol Building, where she will be the first woman to lie in state there.Ginsburg will be buried at Arlington National Ceremony in a private ceremony early next week.Throughout her distinguished legal career and nearly three decades on the court, Ginsburg was a tireless advocate for woman's rights and earned celebrity status as "The Notorious RBG" late in life.President Donald Trump has said he will nominate Ginsburg's replacement on Saturday. Senate Majority Leader Mitch McConnell has said the Senate would vote on the nominee ahead of election day on Nov. 3. 1423

This year’s election has already been one of the most contentious in modern history, but for one family from Flagstaff, Arizona, it is their most memorable.In 1920, Blanche Reeves was a 29-year-old mother of five living in Iowa on her farm with her husband. Just two years prior, she had come down with pneumonia after contracting the flu during the 1918 pandemic.“Her hair all fell out and she was just in bed for a very long time,” said Reeve’s daughter, Helen, now 91.Helen Reeves was not born at the time, but she remembers her father’s vivid stories about her mother’s condition. She says she was in a coma and doctors didn’t expect her to make it through the night.“He said [my mother] couldn’t react to what was happening but could hear what was being said in the room,” she said.Reeves says the doctor left a death certificate with her father to fill out in the morning as he waited with her mother, but it laid on the bedside table in the hospital empty as her mother began to pull through.She would remain bedridden and resting for nearly two years as she battled the illness one day in 1920.“Dad said she just sat up in bed and said, ‘I’m going to go vote,’” said Reeves.That year was the first women were allowed to vote following the suffrage movement, so Reeves says her father hitched up a wagon to their horses with a straw bed and drove her mother into town so she could come to the local schoolhouse and cast her vote.The moment started a revered tradition in the family’s household.“I haven’t missed an election since I was able to vote when I was 21,” said Reeves.“I can’t think of anyone in our family who doesn’t vote,” added Reeves’ daughter, Andrea Hartley, laughing. “It is the one way we can have a voice and sometimes it the only time we can have a voice.”Hartley says growing up, her mother would take her to the polls each election to accompany her as she cast her ballot until she was able to vote for the first. She then did the same with her two kids who have voted since they turned 18.This year’s election, she says, is even more important as it marks 100 years since her grandmother, Blanche, was carried by her husband into the schoolhouse to cast her very first vote.“This year, more than any other year, I have felt the urgency to get my ballot turned back in,” she said.“I did it to honor my mother,” added Reeves. “I think if she were here today and she could know I could sit in my kitchen, at the table, and cast my ballot and not have to ride in a wagon or anything- not have to leave sick babies behind- I think she would be amazed. And I’m just so filled with gratitude that we live in this country with all the great privileges we have.” 2691

There is a lot of concern along the Gulf Coast right now. Two tropical systems are headed for the area at the same time, potentially impacting land on the same day.It's very rare according to the National Weather Service (NWS), something we haven't seen in decades.What's most concerning, is the amount of people in the path of the storms.“The number of people that could be impacted by these two systems is huge, you know, from the northern part of Texas, throughout the entire coast of west side of Florida and the panhandle as well,” said Joel Cline, a meteorologist and NWS Tropical Program Coordinator.Large amounts of rain, storm surge and wind are threatening the Gulf Coast early next week.So, could these systems merge? It's something called the Fujiwhara effect. It's named after a Japanese meteorologist who first described the effect. It's something that happens in the pacific with typhoons.“That’s where two come in close contact and then they move around each other counterclockwise,” said Cline. “That's not going to happen in this one.”There is another potential impact of these systems being close to each other.“So, when you have two of these in one area, then the descending air may get into the other one and help weaken it or make the other one stronger,” said Cline.There's still a lot of time for things to change. Regardless, meteorologists say people in the paths of these storms need to be hurricane ready.“Labor Day is essentially the halfway point and so we've got a lot more hurricane season left and what we’ve already been through,” said Cline. 1584

Tom Bossert has been pushed out as White House homeland security adviser, multiple sources told CNN on Tuesday.White House press secretary Sarah Sanders confirmed his departure in a statement."The President is grateful for Tom's commitment to the safety and security of our great country. Tom led the White House's efforts to protect the homeland from terrorist threats, strengthen our cyber defenses, and respond to an unprecedented series of natural disasters," Sanders said. 485