Dow dips more than 500 points after Trump attacks Amazon, NAFTA

Traders at the New York Stock Exchange.
(Image credit: BRYAN R. SMITH/AFP/Getty Images)

The Dow Jones Industrial Average plunged more than 500 points, or more than 2 percent, just after noon Monday due to a turbulent mix of trade war fears and President Trump's repeated attacks on Amazon. Shares of other tech companies, including Facebook, Netflix, and Google's Alphabet, followed Amazon as it dropped after Trump tweeted that "only fools, or worse, are saying that our money-losing Post Office makes money with Amazon," CNBC reports.

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.