S&P 500 Tumble Exceeds 1% for Third Straight Day on Trump: Chart

(Bloomberg) -- U.S. stocks plunged on Thursday, with the S&P 500 Index falling 1.3 percent for its third straight loss of 1 percent or more, after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals. The benchmark gauge has had a volatile year so far, closing above or below the 1-percent threshold 15 out of 41 trading days, or 37 percent of the time. That easily surpasses the total of last year.

To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net.

To contact the editors responsible for this story: Cesca Antonelli at fantonelli@bloomberg.net, Jeremy Herron

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