Wall Street tumbles despite Fed's interest-rate cut

Source: Xinhua| 2020-03-04 08:02:51|Editor: ZD
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U.S.-NEW YORK-STOCKS

A trader works at New York Stock Exchange in New York, the United States, on March 3, 2020. U.S. stocks fell sharply in volatile trading on Tuesday despite the Federal Reserve's emergency interest-rate cut. The Dow Jones Industrial Average dropped 785.91 points, or 2.94 percent, to 25,917.41. The S&P 500 went down 86.86 points, or 2.81 percent, to 3,003.37. The Nasdaq Composite Index fell 268.07 points, or 2.99 percent, to 8,684.09. (Photo by Michael Nagle/Xinhua)

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