BCN-11 Dow ends down 2.4% on escalating US-China trade war

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ZCZC

BCN-11

US-STOCKS-MARKETS

Dow ends down 2.4% on escalating US-China trade war

NEW YORK, Aug 24, 2019 (BSS/AFP) – Wall Street stocks tanked Friday after
President Donald Trump vowed a tough response to new Chinese tariffs,
escalating the trade war amid rising fears of recession.

At the closing bell, the Dow Jones Industrial Average was down more than
600 points, or 2.4 percent, at 25,630.52.

The broad-based S&P 500 fell 2.6 percent to 2,847.48, while the tech-rich
Nasdaq Composite Index tumbled 3.0 percent to 7,751.77.

BSS/AFP/HR/1025