While you were sleeping: Trump shutdown threats hit Wall St

Wed, 23 Aug 2017

By Margreet Dietz Aug. 24 (BusinessDesk) - Wall Street moved lower as US President Donald Trump’s threats to shut down the government if Congress does not fund a wall on the southern border revived concern about the administration’s ability to move ahead with plans for tax reform. In 1.02pm trading in New York, the Dow Jones Industrial Average fell 0.2 percent, while the Nasdaq Composite Index slid 0.3 percent. In 12.47pm trading, the Standard & Poor’s 500 Index also fell 0.3 percent. “If we have to close down our government, we’re bu...

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