Wall Street extends slide, Dow plunges over 700 points


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2018. REUTERS/Brendan McDermid

(Reuters) – The S&P 500 and the Dow Jones Industrial Average slipped back into losses for the year on Thursday, as U.S. stocks extended slide on fresh worries over China-U.S. tensions, lower oil prices and tumbling U.S. bond yields.

At 11:15 a.m. ET, the Dow Jones Industrial Average .DJI was down 708.51 points, or 2.83 percent, at 24,318.56, the S&P 500 .SPX was down 69.48 points, or 2.57 percent, at 2,630.58 and the Nasdaq Composite .IXIC was down 147.18 points, or 2.06 percent, at 7,011.25.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sriraj Kalluvila

Products You May Like

Articles You May Like

Exclusive: U.S. says it may scale back some Huawei trade restrictions
Asian shares struggle for footing after tough week
Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
Huawei founder says U.S. government is underestimating company: state media
Britain’s Prince Harry, queen attend Windsor Castle royal wedding

Leave a Reply

Your email address will not be published. Required fields are marked *