Wall Street snaps gain streak as trade threat weighs
Published Jul 11, 2018 04:06PM ET
Wall Street snaps gain streak as trade threat weighs
NEW YORK (Reuters) - U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares.
The Dow Jones Industrial Average fell 219.21 points, or 0.88 percent, to 24,700.45, the S&P 500 lost 19.81 points, or 0.71 percent, to 2,774.03 and the Nasdaq Composite dropped 42.59 points, or 0.55 percent, to 7,716.61.
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Written By: Reuters
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