Wall Street snaps gain streak as trade threat weighs

NEW YORK (Reuters) – U.S.
stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.
S., July 11, 2018.
REUTERS/Brendan McDermidThe Dow Jones Industrial Average fell 219.21 points, or 0.
88 percent, to 24,700.45, the S&P 500 lost 19.
81 points, or 0.71 percent, to 2,774.
03 and the Nasdaq Composite dropped 42.59 points, or 0.
55 percent, to 7,716.61.
.

 

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