Stocks Tumbled, Dow Dropped Nearly 800 Points

U.S. stocks tumbled at close on Tuesday, registering their worst daily losses in weeks, as a slew of concerns over trade tensions and an inversion in part of the U.S. yield curve spooked investors. The Dow Jones Industrial Average dropped 799.36 points, or 3.10%, to 25,027.07. The S&P 500 declined 90.31 points, or 3.24%, to 2,700.06. The Nasdaq Composite retreated 283.09 points, or 3.80%, to 7,158.43.

Oil futures ended Tuesday with a modest gain after a strong start to the week ahead of an OPEC meeting that is expected to result in a production cut. West Texas Intermediate crude for January delivery rose 30 cents, or 0.6%, to settle at $53.25 a barrel. February Brent crude tacked on 39 cents, or 0.6%, to $62.08 a barrel.

Since the Saturday meeting, Trump, the White House, and his top advisors have given different accounts on key details regarding the meeting, causing confusion among investors and trade experts.

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