Wall Street tumbles

Wall Street tumbles

Wall Street tumbles

Written by Reuters

08 Dec, 2018 | 5:46 pm

Reuters – U.S. stocks tumbled on Friday (December 7) in a broad sell-off led by declines in big internet and technology shares, and the benchmark S&P 500 index posted its biggest weekly percentage drop since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street.

The Dow Jones Industrial Average fell 559.33 points, or 2.24 percent, to 24,388.34, the S&P 500 lost 62.86 points, or 2.33 percent, to 2,633.09 and the Nasdaq Composite dropped 219.01 points, or 3.05 percent, to 6,969.25.

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