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Friday, December 3, 2021

Wall St snaps gain streak as trade threat weighs

Wall St snaps gain streak as trade threat weighsNEW YORK: US 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.

Copyright Reuters, 2018

Source: Brecorder

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