Wall Street suffers biggest drop in 6 weeks on China tariffs...Dow Index crashes 724 points

March 22, 2018

New York (Mar 22)  U.S. stocks dropped on Thursday, with each of the major Wall Street indexes suffering its biggest one-day percentage drop in six weeks, on the heels of an action by President Donald Trump to impose tariffs on up to $60 billion of Chinese imports.

The Dow Jones Industrial Average fell 723.45 points, or 2.93 percent, to 23,958.86, the S&P 500 lost 68.23 points, or 2.52 percent, to 2,643.7 and the Nasdaq Composite dropped 178.61 points, or 2.43 percent, to 7,166.68.

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