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Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.Investors are increasingly worried that President Trump's crackdown on China will trigger a fierce response that darkens the otherwise bright economic outlook.The Dow dropped 425 points, or 1.8%, on Friday, sinking back into a "correction" — a decline of 10% from the all-time high in January. The Dow finished at its lowest point since November.All three major indexes took their biggest weekly tumbles since January 2016.The market failed to stage a rebound from Thursday's plunge, which erased 734 points from the Dow.China vowed on Thursday that it would fight a potential trade war "until the end.""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 when China's ambassador to the United States signaled that China could ease purchases of US bonds in response to Trump's tariffs. "We are looking at all options," Ambassador Cui Tiankai told Bloomberg News.China is America's biggest creditor, with more than trillion of Treasury bonds."We've been told for our entire careers that trade wars made the Great Depression worse. And we believe it," said Bruce McCain, chief investment strategist at Key Private Bank.Related: Trade fears add to concern of a downturnAsian markets were rocked overnight after China vowed not to back down in a potential trade war with the United States. Japan's Nikkei 225 plummeted 4.5%, and the Hang Seng in Hong Kong lost 2.5%.On Thursday, the market sold off after Trump announced plans to impose tariffs on about billion of Chinese imports to retaliate for theft of intellectual property.China said hours later that it "is not afraid of and will not recoil from a trade war." Officials in China detailed a plan to retaliate to Trump's aluminum and steel tariffs by imposing their own tariffs on about billion worth of imports of US goods.Trump, who often uses the stock market as a barometer for his success, shrugged off the market turmoil."I think the stock market is going to be great," he said Friday at the White House after a reporter asked about the sell-off. "The stock market is way up. When I came into office, the stock market was from a different planet."Despite the recent struggles, the Dow remains up about 30% since Trump's election.Related: China: We would fight a trade war 'to the end'The worry is that a tit-for-tat escalation between the two largest economies in the world will ruin the solid economic backdrop. Investors had been banking on strong growth this year, but a slowdown in trade and dented business and consumer confidence could change that outlook drastically.Barclays warned in a report that a trade war would drown out the benefits of Trump's tax cuts, which helped power Wall Street's euphoric rally."The administration is moving forcefully into the anti-trade portion of its policy agenda," Barclays economist Michael Gapen wrote in a report on Friday.But it's too early to assess the impact. Bullish investors hope that the administration will soften its tough stance with China, similar to how tariffs on steel and aluminum imports were later scaled back significantly."The threat of a misstep remains high," Raymond James Washington policy analyst Ed Mills wrote in a report, but there is an expectation that "these actions will be watered down or mitigated" in the coming weeks.Key Bank's McCain thinks it's more likely the market is going through a correction than entering a bear market. He pointed to robust corporate profits and the strong economy, which enjoyed robust job growth in February."If anything, a few weeks ago we worried about the economy overheating and inflation picking up," McCain said.The-CNN-Wire 3867

TOKYO (AP) — Organizers are saying that a limited number of non-Japanese fans may be allowed to attend next year's Tokyo Olympics.CEO Toshiro Muto says after a meeting on infection countermeasures that fans could face some stringent rules. This would include screening for COVID-19 before they leave home. Non-Japanese fans may also face a 14-day quarantine, depending on their area of origin.Muto says this is still open to discussion.When asked if foreigners to Japan would follow the rules, Muto said it'd be difficult to control their movement and behavior.According to Reuters, Muto said that Olympic organizers are working with Japanese authorities to ensure that athletes and Olympic-related staff will not have to quarantine for 14 days.The goal is for athletes and workers to train and perform their duties leading up to the Olympics, which are expected to start in Summer 2021.There will be extensive screening on arrival and perhaps health-tracking apps to download and a rule book to be complied with. 1021

This flight attendant gives an emotional farewell to passengers, crew on her final flight. https://t.co/Nbj9wt0knR pic.twitter.com/6wn3GB2S6s— Good Morning America (@GMA) October 4, 2020 194

TORREY PINES, Calif. (KGTV) - The Massachusetts Institute of Technology just named a minor planet after a San Diego teenager who recently completed research that could assist in future droughts. The Cambridge School freshman Emily Tianshi was also awarded ,000 from here work in the prestigious National Broadcam MASTERS Competition in Washington, D.C.  “I was absolutely shocked,” said the 14-year-old.Tainshi began studying the needles on Torrey Pines as an eighth grader to see how the trees continue to withstand droughts.  She said the needles are uniquely designed to pull moisture from the air and condense it into water for its own needs.Her research won science fairs in San Diego and California.  It earned her an invitation to the weeklong Broadcom MASTERS where she competed with and against students from all over the nation.Tianshi walked away with the second largest prize in the country.She said she wants to continue her research and eventually “turn into an engineering project where I build a device replicating the Torrey Pine Needle.”The teenager said her ultimate goal is to become a Stanford-educated doctor. 1162

There's a new way to do contact tracing in the works and it could make a difference for health care providers during flu season.Vibrent Health just got a contract with major health institutions to develop the platform.Part of the idea is for users to enter their symptoms and find out if they're more likely to have the flu or COVID-19.“Health care facilities do get bombarded with perhaps people thinking that they have COVID when they just had flu, so the idea is how do you help the health care organizations to reduce some of the burden,” said Praduman Jain, founder and CEO of Vibrent Health.The technology is designed to be embedded in other apps that organizations and intuitions already use, like a university application for students.“So, make it easy for people and don't try to change their behavior,” said Jain. “They are already using certain applications that this can become a part of.”The app uses Wi-Fi networks to find out if you may have been close to someone with the virus.It could help cut some contact tracing work for public health departments. Instead of calling everyone that may have come in contact with the virus, the app can report that information.“There are only so many people, so many human beings, so many people that public health departments can hire to do that contact tracing, so technology becomes really important,” said Jain.Development is still in its early stages. Right now, the focus is on fine-tuning the algorithms to evolve along with changing data on the coronavirus.Broader testing is expected in the first few months of 2021. 1585