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Dow sheds 250 points as trade war worries weigh on industrials

Reuters 

By Sruthi Shankar(Reuters) - The Dow Jones Industrial Average shed more than 250 points on Wednesday as U.S. manufacturers continued to suffer from concerns over the impact of new tariffs on trade.Boeing's 4 percent fall contributed to about 100 points drop in the blue-chip index, with traders citing continuing fallout from Tuesday's reports that U.S. President Donald Trump could impose tariffs on up to $60 billion of Chinese imports."Governments in general are in a wait-and-see mode to find out what is going to be the outcome of the negotiations," said Paul Springmeyer, investment managing ...

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First Published: Wed, March 14 2018. 21:26 IST
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