Wall Street down 1 percent on tech woes, trade war fears

Wall Street down 1 percent on tech woes, trade war fears

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 21, 2018. REUTERS/Lucas Jackson
REUTERS: U.S. stock fell sharply at the open on Thursday as technology stocks slumped on fears of increased regulations in the wake of Facebook Inc's data privacy issues, while the United States' plan to impose tariffs on China stoked fears of a trade war.The Dow Jones Industrial Average fell 277.24 points, or 1.12 percent, to 24,405.07. The S&P 500 lost 27.14 points, or 1.000763 percent, to 2,684.79. The Nasdaq Composite dropped 87.81 points, or 1.2 percent, to 7,257.47.(Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D'Souza)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/wall-street-down-1-percent-on-tech-woes--trade-war-fears-10068018