Wall Street weighed by new round of US-China tariffs
Updated : August 24, 2018 06:33 AM IST
Despite ongoing talks, the two countries imposed tariffs on $16 billion worth of each other's goods.
The Dow Jones Industrial Average fell 76.62 points, or 0.3 percent, to 25,656.98, the S&P 500 lost 4.84 points, or 0.17 percent, to 2,856.98 and the Nasdaq Composite dropped 10.64 points, or 0.13 percent, to 7,878.46.
The potential political fallout from the legal woes of two former advisers to US President Donald Trump also weighed on investor sentiment.
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