Thursday's market wrap

  • 6 years ago
Following President Trump's controversial tariff announcement,... the market reacted almost instantly,... with the Dow Jones dropping more than 500 points on Thursday,.. while the S&P 500 and the Nasdaq fell.
At the closing bell,... the Dow Jones was down over 420-points, or 1-point-6 percent to 24,608,... while the S&P 500, too, was down a little over one-percent at 2,676.
The Nasdaq also fell one-percent to 7,180.
South Korean markets were closed on Thursday for Independence Movement Day.
So we head over to Europe,... where shares dipped to 2-week low as earnings figure from retailer Carrefour and advertiser WPP kept the mood downbeat.
UK's FTSE 100 was down little less than one-percent,.. adding to losses made the day before.
Germany's DAX tumbled 2-percent and France's CAC 40 lost one-percent.