Dow Jones fell over 600 points as US President Donald Trump threatened Canadian private jet maker Bombardier’s access to the lucrative U.S. market after its northern neighbour refused to certify American GulfStream jets, escalating a trade dispute between the two countries.
The Dow Jones Industrial Average was down 1.24% or 664 points at 52,749.37, while the S&P 500 fell 0.48% or 36 points to 7,681.71 and the tech-rich Nasdaq Composite lost 0.47% or 123 points to 26,383.23, at 10.30 am ET. Canadian Toronto Stock Exchange-listed Bombardier's shares were trading nearly 7% lower at $293.28.
