August 5, 2019 / 8:12 PM / 14 days ago

US STOCKS SNAPSHOT-Wall St tumbles as yuan drop heightens U.S.-China trade war fears

NEW YORK, Aug 5 (Reuters) - Wall Street’s major indexes tumbled on Monday, with the benchmark S&P 500 dropping about 3%, as a fall in the yuan following U.S. President Donald Trump’s vow to impose additional tariffs on Chinese goods sparked fears of a further escalation of the U.S.-China trade war.

The Dow Jones Industrial Average fell 767.27 points, or 2.9%, to 25,717.74, the S&P 500 lost 87.31 points, or 2.98%, to 2,844.74, and the Nasdaq Composite dropped 278.03 points, or 3.47%, to 7,726.04. (Reporting by April Joyner Editing by Leslie Adler)

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