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NEW YORK, Dec 3 (Reuters) - U.S. stocks suffered their third consecutive sell-off on Tuesday after commentary from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water over hopes of a possible near-term respite from the market-bruising U.S.-China trade war.
NEW YORK, Dec 3 (Reuters) - U.S. stocks suffered their third consecutive sell-off on Tuesday after commentary from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water over hopes of a possible near-term respite from the market-bruising U.S.-China trade war.
The Dow Jones Industrial Average fell 279.56 points, or 1.01%, to 27,503.48, the S&P 500 lost 20.61 points, or 0.66%, to 3,093.26 and the Nasdaq Composite dropped 47.34 points, or 0.55%, to 8,520.64. (Reporting by Chuck Mikolajczak Editing by Chris Reese)
Dow ends around 280 points lower, as stocks trim losses in late trade
Stocks ended with losses Tuesday but off session lows, trimming the sharp decline that followed remarks by President Donald Trump indicating a U.S.-China trade deal could wait until after the 2020 presidential election. The Dow Jones Industrial Average fell around 280 points, or 1%, to end near 27,503, according to preliminary figures, after dropping nearly 458 points in early action.
