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Wall Street opens sharply lower on trade war fears

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Reuters

(Reuters) - U.S. stocks opened sharply lower on Friday as investors fretted President Donald Trump had launched a global trade war with his promise to impose import tariffs on steel and aluminum.

The Dow Jones Industrial Average fell 278.93 points, or 1.13 percent, to 24,330.05. The S&P 500 lost 21.96 points, or 0.820116 percent, to 2,655.71. The Nasdaq Composite dropped 78.61 points, or 1.09 percent, to 7,101.95.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'Silva)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 02 2018 | 8:13 PM IST

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