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Wall Street eyes steepest slide in nearly six weeks on growth worries

The Dow Jones Transport Average, often looked at as a gauge of the economy's health, tumbled 2.24%

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Wall Street slips | Dow Jones

Reuters 

US stocks fell to more than a one-month low and were set to post their sharpest drop in nearly six weeks on Wednesday, as monthly private sector hiring slowed, amplifying fears that the trade war with China was hurting the United States. The technology stocks which have powered the market's climb for most of the year, shed 2.10%. The industrial and materials sectors also fell more than 2% each, posting the biggest declines among the 11 major S&P sectors. The Dow Jones Transport Average, often looked at as a gauge of the economy's health, tumbled 2.24%. Trade tensions ...

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First Published: Wed, October 02 2019. 22:19 IST
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