Wall Street falls on trade fears, technology the biggest drag

Credit: REUTERS/BRENDAN MCDERMID

May 23 (Reuters) - U.S. stocks tumbled on Thursday as investors dumped shares in most sectors with technology financials and energy leading the declines due to fears the escalating U.S.-China trade war would stymie global economic growth.

The Dow Jones Industrial Average .DJI fell 286.21 points, or 1.11%, to 25,490.4, the S&P 500 .SPX lost 33.99 points, or 1.19%, to 2,822.28 and the Nasdaq Composite .IXIC dropped 122.56 points, or 1.58%, to 7,628.28.

(Reporting By April Joyner Editing by Susan Thomas)

((sinead.carew@thomsonreuters.com; +1 (646) 223 6186; Reuters Messaging: sinead.carew.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.