US stocks tumble as Trump hints China tariffs imminent | 2018-09-19

US stocks tumble as Trump hints China tariffs imminent

19 September, 2018 12:00 AM printer

NEW YORK: Wall Street stocks finished decisively lower on Monday after President Donald Trump said an announcement on new tariffs on China was imminent.

The Dow Jones Industrial Average fell 0.4 per cent to close at 26,062.12, near its session low.

The broad-based S&P 500 dropped 0.6 per cent to 2,888.80, while the tech-rich Nasdaq Composite Index slid 1.4 per cent to 7,895.79, report agencies.

Trump promised "some very positive news" on and said that "it will be a lot of money coming into the coffers."


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