Wall Street sinks on fears of delays to Trump tax cuts

Wall Street

Wall Street

Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote.

The Dow Jones Industrial Average dropped 1.14 percent to end at 20,668.01 points, while the S&P 500 lost 1.24 percent to 2,344.02.

The Nasdaq Composite fell 1.83 percent to 5,793.83.

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