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S&P hits session low on report Rosenstein resigns

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Reuters
Last Updated : Sep 24 2018 | 8:55 PM IST

(Reuters) - The benchmark S&P 500 hit a session low on Monday after Axios reported that U.S. Deputy Attorney General Rod Rosenstein had resigned in anticipation of being fired by President Donald Trump.

Rosenstein verbally resigned to White House Chief of Staff John Kelly, the Axios news site reported, citing an unidentified source with knowledge of the matter. Reuters could not immediately confirm the report.

The Dow Jones Industrial Average fell 144.96 points, or 0.54 percent, to 26,598.54, the S&P 500 lost 14.63 points, or 0.50 percent, to 2,915.04 and the Nasdaq Composite dropped 36.75 points, or 0.46 percent, to 7,950.20.

(Reporting by Shreyashi Sanyal in Bengaluru)

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

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First Published: Sep 24 2018 | 8:39 PM IST

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