US stocks sharply drop after Malaysia Airline shot down

FRENCH PRESS AGENCY - AFP
NEW YORK
Published 17.07.2014 19:14
Updated 18.07.2014 15:05
US stocks sharply drop after Malaysia Airline shot down

US stocks fell sharply Thursday following reports that a Malaysia Airlines plane crashed over Ukraine after being shot down.

At 1551 GMT, the Dow Jones Industrial Average dropped 50.45 (0.29 percent) to 17,087.75. The broad-based S&P 500 fell 9.26 (0.47 percent) to 1,972.31, while the tech-rich Nasdaq Composite Index declined 27.97 (0.63 percent) to 4,398.00.

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