Trade and economic concerns down Wall Street 3%

Media IN-5-12-2018

The Wall Street fell more than 3 percent, led by losses in banking and industrial stocks, as the US bond market sent worrisome signs of economic growth and renewed investor fears about global trade.
The Dow Jones industrial average <.DJI> was down 784.99 points, or 3.04 percent, at 2,5041.44.
The Standard & Poor’s 500 Index shed 89.65 points, or 3.21 percent, to 2,700.72.
The Nasdaq Composite Index shed 283.09 points, or 3.8 percent, to 7158.43.