You are here: Home » Reuters » News
Business Standard

Dow turns lower as industrial stocks drag

Reuters 

By Sruthi Shankar(Reuters) - The Dow Jones Industrial Average fell about half a percent on Monday as worries about the impact of President Donald Trump's decision to impose metal tariffs continued to weigh on industrial stocks including Boeing and Caterpillar.Shares of the United States' big manufacturers have been under pressure as Trump's protectionist stance on steel and aluminium imports could increase costs and hamper sales abroad.The declines for the Dow comes after a near 2 percent gain for Wall Street on Friday after sluggish wage growth data eased concerns the Federal Reserve might ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, March 12 2018. 23:28 IST
RECOMMENDED FOR YOU