Global stock indexes sank Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would retaliate. The dollar spiked and big exporters plunged.
The S&P 500 index slid 19.82 points, or 0.7 percent, to 2,774.02.
The Dow Jones Industrial Average retreated 219.21 points, or 0.9 percent, to 24,700.75.
The Nasdaq composite skidded 42.59 points, or 0.5 percent, to 7,716.61.
The Russell 2000 index of smaller companies dipped 11.96 points, or 0.7 percent, to 1,683.66.
For the week:
The S&P 500 is up 14.20 points, or 0.5 percent.
The Dow is up 243.97 points, or 1 percent.
The Nasdaq is up 28.22 points, or 0.4 percent.
The Russell 2000 is down 10.39 points, or 0.6 percent.
For the year:
The S&P 500 is up 100.41 points, or 3.8 percent.
The Dow is down 18.77 points, or 0.1 percent.
The Nasdaq is up 813.22 points, or 11.8 percent.
The Russell 2000 is up 148.15 points, or 9.6 percent.
This article provided by NewsEdge.