US STOCKS SNAPSHOT-Wall St opens sharply lower, Nasdaq heads toward bear market

April 4 (Reuters) - U.S. stocks opened sharply lower on Friday, with the Nasdaq Composite heading into a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war.

The tech-heavy Nasdaq .IXIC dropped more than 20% from its all-time closing high touched in December, putting it on course to confirm a bear market.

The S&P 500 .SPX lost 134.05 points, or 2.48%, to 5,262.47 points, while the Nasdaq Composite .IXIC lost 473.16 points, or 2.86%, to 16,077.44. The Dow Jones Industrial Average .DJI fell 994.46 points, or 2.45%, to 39,551.47.