Business & Financial

Nasdaq rises, Dow dragged down by tariff worries

Traders work on the floor of the NYSE in New York

Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., March 7, 2018. REUTERS/Brendan McDermid

NEW YORK (Reuters) – The Nasdaq rose on Monday as tech stocks climbed, but the S&P 500 ended lower and the Dow dragged as industrials were weighed down by tariffs signed into law last week by President Donald Trump.

The Dow Jones Industrial Average fell 157.26 points, or 0.62 percent, to 25,178.48, the S&P 500 lost 3.55 points, or 0.13 percent, to 2,783.02 and the Nasdaq Composite added 27.52 points, or 0.36 percent, to 7,588.33.

(Reporting by April Joyner; Editing by James Dalgleish)

 

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