U.S. equities fell on Tuesday, the first trading day of the week, as tension between North Korea and the West sent jitters down Wall Street.
The Dow Jones industrial average recorded its biggest one-day drop since Aug. 17, falling 234.2 points to close at 21,753.31, with United Technologies and Goldman Sachs contributing the most to the losses.
The S&P 500 pulled back 0.8 percent —its worst day since Aug. 17 — to 2,457.07, with financials posting their worst day since May 17.
The Nasdaq composite declined 0.9 percent to close at 6,375.57 as shares of Apple, Amazon, Facebook and Alphabet all dropped.
"North Korea's successful hydrogen bomb explosion over the weekend" is "adding to the uncertainty," said Jeff Saut, chief investment strategist at Raymond James. "Our sense is that if there is going to be a downside feint it should begin this week."
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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