Wall Street drops over 2 percent on trade worries

NEW YORK (Reuters) - U.S. stocks dropped more than 2 percent on Friday, with the Dow falling more than 500 points, as U.S. President Donald Trump's latest tariff threat on Chinese imports fuelled increasing concern over a U.S. trade war with China.

The Dow Jones Industrial Average <.DJI> fell 572.73 points, or 2.34 percent, to 23,932.49, the S&P 500 <.SPX> lost 58.4 points, or 2.19 percent, to 2,604.44 and the Nasdaq Composite <.IXIC> dropped 161.44 points, or 2.28 percent, to 6,915.11.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)