Major stock indexes plunged Thursday afternoon following President Trump’s announcement that he was imposing a 25 percent tariff on imported steel and 10 percent on aluminum. Investor concern about the news rattled the Dow Jones industrial average, which closed the day’s trading down more than 400 points, or 1.7 percent, at 24,608. The Dow is down 1,100 points over the past three days, ending with its 420 point drop Thursday. But the tariff announcement stamped out the feel-good start to the day, at one point pushing the Dow down 586 points. When February ended on Wednesday with another crazy see-saw day, the Dow and S&P were down.

Source: Washington Post March 01, 2018 19:11 UTC