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Wall Street sinks nearly 3 percent as factory data adds to Apple woes

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The Dow Jones Industrial Average fell more than 600 points on Thursday as the biggest drop in more than a decade in the ISM U.S. manufacturing index added to nerves over slowing global growth sparked by a revenue warning from Apple.

At 10:38 a.m. EDT the Dow Jones Industrial Average was down 631.40 points, or 2.70 percent, at 22,714.84, the S&P 500 was down 57.58 points, or 2.29 percent, at 2,452.45 and the Nasdaq Composite was down 178.66 points, or 2.68 percent, at 6,487.28.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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Economy
Updated: Thu, Jan 03, 2019
10:15 pm
Reuters
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