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S&P 500, Dow suffer biggest drop of 2017

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Reuters NEW YORK
Last Updated : Jan 31 2017 | 2:48 AM IST

NEW YORK (Reuters) - The S&P 500 and the Dow on Monday posted their largest drop so far in 2017 as investors worried that a curb on immigration ordered by Donald Trump was a reminder that some of the U.S. president's policies are not market-friendly.

The Dow Jones Industrial Average fell 122.65 points, or 0.61 percent, to 19,971.13, the S&P 500 lost 13.8 points, or 0.60 percent, to 2,280.89 and the Nasdaq Composite dropped 47.07 points, or 0.83 percent, to 5,613.71.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jan 31 2017 | 2:42 AM IST

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