S&P 500 posts biggest daily drop in three months

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Reuters NEW YORK
Last Updated : Aug 18 2017 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks sold off on Thursday, pushing the S&P 500 to its lowest in a month, as escalating worries about the Trump administration's ability to push through its agenda rattled investors.

The benchmark index also posted its biggest percentage fall since May 17.

The Dow Jones Industrial Average fell 274.48 points, or 1.25 percent, to end at 21,750.39, the S&P 500 lost 38.05 points, or 1.54 percent, to 2,430.06 and the Nasdaq Composite dropped 123.20 points, or 1.94 percent, to 6,221.91.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)

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First Published: Aug 18 2017 | 1:41 AM IST

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