Stocks close sharply lower as an escalating trade war with China rattles markets; Nasdaq sinks 3.4%, worst drop of year

Stocks close sharply lower as an escalating trade war with China rattles markets; Nasdaq sinks 3.4%, worst drop of year

NEW YORK -- Stocks close sharply lower as an escalating trade war with China rattles markets; Nasdaq sinks 3.4%, worst drop of year.