Stocks fall as trade hopes wane

NEW YORK — U.S. stocks suffered their third consecutive sell-off on Tuesday after commentary from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water over hopes of a possible near-term respite from the market-bruising U.S.-China trade war.

The Dow Jones Industrial Average fell 279.56 points, or 1.01%, to 27,503.48, the S&P 500 lost 20.61 points, or 0.66%, to 3,093.26 and the Nasdaq Composite dropped 47.34 points, or 0.55%, to 8,520.64. (Reporting by Chuck Mikolajczak Editing by Chris Reese)

Read More Here...

Bookmark the permalink.