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Wall Street plunges following China's retaliation on tariffs

  • Regular
  • US Market
  • 1 week ago
  • 8

U.S. indices fell sharply on Monday’s session following China’s decision to slap tariffs on U.S. goods, in a clear sign of retaliation to Washington’s move last Friday.

The DJIA dropped by 2.4% at 25,324.99 points, its worst performance since January 3.

Meanwhile the S&P 500 also had its worst day since early January by sliding by 2.4% to close at 2,811.87.

To round things up on the day’s exchange the Nasdaq also shed by 3.4% to close at 7,647.02 and posting its worst close of the year so far.

 

Source: Smart Trend Team