Wall Street drops over 1 percent on Trump tariff fears

Wall Street drops over 1 percent on Trump tariff fears

FILE PHOTO: Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 26, 2018. REUTERS/Brendan McDermid
NEW YORK: The S&P 500 registered a third straight day of more than 1 percent declines on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminum, raising concern about higher prices and a trade war.The Dow Jones Industrial Average fell 420.22 points, or 1.68 percent, to 24,608.98, the S&P 500 lost 36.22 points, or 1.33 percent, to 2,677.61 and the Nasdaq Composite dropped 92.45 points, or 1.27 percent, to 7,180.56.(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/wall-street-drops-over-1-percent-on-trump-tariff-fears-10003786