SwanBitcoin445X250

NEW YORK (Reuters) - U.S. stocks plunged on Monday as investors fled technology stocks amid resurging trade worries, sending the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages for the first time since the Brexit vote in June 2016.

image
People walk by a Wall Street sign close to the New York Stock Exchange (NYSE) in New York, U.S., April 2, 2018. REUTERS/Shannon Stapleton

The Dow Jones Industrial Average .DJI fell 458.92 points, or 1.9 percent, to 23,644.19, the S&P 500 .SPX lost 58.99 points, or 2.23 percent, to 2,581.88 and the Nasdaq Composite .IXIC dropped 193.33 points, or 2.74 percent, to 6,870.12.

Reporting by Stephen Culp; Editing by James Dalgleish

Read more from our friends at Reuters: