Tillerson And Trade Concerns Hit US Stocks

Published date: .

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-03-14 HKT 04:46

Share this story

facebook

  • Wall Street fell on worries about a trade war as President Donald Trump replaced his Secretary of State. Image: Shutterstock

    Wall Street fell on worries about a trade war as President Donald Trump replaced his Secretary of State. Image: Shutterstock

Wall Street stocks tumbled on Tuesday on growing worries about a trade war as President Donald Trump replaced his Secretary of State and was reportedly planning new tariffs on China.

The Dow Jones Industrial Average fell 0.7 percent to 25,007.03.

The broad-based S&P 500 shed 0.6 percent to 2,765.31, while the tech-rich Nasdaq Composite Index dropped one percent, settling at 7,511.01.(AFP)