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Stocks wrap up

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Stocks wrap up

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Arirang News

0 Views • Jun 20, 2018

Description

Taking a look at the markets..
Wall Street fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled markets.
The Dow Jones Industrial Average fell 287 points, or one-point-one-five percent, to 24,700, the S&P 500 lost zero-point-four percent, to 2,762 and the Nasdaq dropped just over a quarter-of-a-percent to 7,725.
Here in Korea.
Local stocks dropped for the fifth session straight to hit a nine-month low after the Trump administration threatened additional tariffs on Chinese goods.
The benchmark KOSPI retreated 36 points, or one-and-a-half percent, to close at 2,340.
The tech-heavy KOSDAQ continued on its downward spiral, dropping almost three percent to 815.