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Wall St. drops as trade war woes back in focus
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  • Wall St. drops as trade war woes back in focus

Wall St. drops as trade war woes back in focus

Reuters • August 2, 2019, 02:05:44 IST
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NEW YORK (Reuters) - Wall Street fell again on Thursday, abruptly reversing early gains after President Donald Trump put concerns about the U.S.-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports. Based on the latest available data, the Dow Jones Industrial Average fell 280.85 points, or 1.05%, to 26,583.42, the S&P 500 lost 26.82 points, or 0.90%, to 2,953.56 and the Nasdaq Composite dropped 64.30 points, or 0.79%, to 8,111.12. (Reporting by Caroline Valetkevitch; Editing by Tom Brown)

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Wall St. drops as trade war woes back in focus

Wall St. drops as trade war woes back in focus

NEW YORK (Reuters) - Wall Street fell again on Thursday, abruptly reversing early gains after President Donald Trump put concerns about the U.S.-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports.

Based on the latest available data, the Dow Jones Industrial Average <.DJI> fell 280.85 points, or 1.05%, to 26,583.42, the S&P 500 <.SPX> lost 26.82 points, or 0.90%, to 2,953.56 and the Nasdaq Composite <.IXIC> dropped 64.30 points, or 0.79%, to 8,111.12.

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(Reporting by Caroline Valetkevitch; Editing by Tom Brown)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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