NEW YORK, March 13 (Xinhua) -- The S&P 500 index entered correction territory on Thursday as U.S. stocks extended recent losses amid concerns over tariff-driven slowdown or contraction in economic growth and corporate earnings.
The Dow Jones Industrial Average dropped 537.36 points, or 1.30 percent, to close at 40,813.57. The S&P 500 fell 77.78 points, or 1.39 percent, to 5,521.52, while the Nasdaq Composite Index declined 345.44 points, or 1.96 percent, to 17,303.01.
