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Wall Street ends lower on escalating trade worries

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Reuters NEW YORK
Last Updated : Aug 16 2018 | 2:00 AM IST

NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday, with the S&P 500 posting its biggest daily percentage decline since June, as investors turned risk averse on a series of disappointing earnings and escalating global tariff worries.

Based on the latest available data, the Dow Jones Industrial Average fell 137.51 points, or 0.54 percent, to 25,162.41, the S&P 500 lost 21.59 points, or 0.76 percent, to 2,818.37 and the Nasdaq Composite dropped 96.78 points, or 1.23 percent, to 7,774.12.

(Reporting by Stephen Culp)

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First Published: Aug 16 2018 | 1:41 AM IST

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