The shares ended at a clearly lower level after a rapid fall on Friday, following President Donald Trump’s threat of increasing duties in China, in which he accused the country of “becoming very hostile” with its restrictions on the metals of rare land.
The shares accelerated their sales to the closure, with Dow Jones Industrial Average closing at 878.82 points, or 1.9%, to 45.479.60 points. The S&P 500 lost 2.71% and closed at 6,552.51, while Nasdaq Composite fell 3.56% to 22,204.43. The fall of the wide index was the largest of April 10. Before Trump’s statements, the shares were significantly higher, with Nasdaq marking a new historical high in the day.