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Wall Street nosedives on trade-war worries

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Reuters NEW YORK
Last Updated : Mar 24 2018 | 2:05 AM IST

NEW YORK (Reuters) - Wall Street tumbled on Friday as investors, increasingly nervous about a potential U.S. trade war with China, shied away from risky bets going into the weekend as they looked for shelter from further declines.

The Dow Jones Industrial Average fell 424.55 points, or 1.77 percent, to 23,533.34, the S&P 500 lost 55.43 points, or 2.10 percent, to 2,588.26 and the Nasdaq Composite dropped 174.01 points, or 2.43 percent, to 6,992.67.

(Reporting by Sinead Carew; Editing by James Dalgleish)

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First Published: Mar 24 2018 | 1:56 AM IST

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