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Wall Street gives up gains after Trump's China tariff threats

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Reuters
Last Updated : Sep 07 2018 | 10:05 PM IST

(Reuters) - U.S. stocks reversed course to trade lower on Friday, after President Donald Trump said a fresh round of tariffs on $267 billion worth of Chinese imports are ready to go, if he wanted, escalating trade war fears.

The Dow Jones Industrial Average fell 127.51 points, or 0.49 percent, to 25,868.36, the S&P 500 lost 6.33 points, or 0.22 percent, to 2,871.72 and the Nasdaq Composite dropped 3.74 points, or 0.05 percent, to 7,918.98.

(Reporting by Sruthi Shankar in Bengaluru)

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First Published: Sep 07 2018 | 9:56 PM IST

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