U.S. stocks fell before the Memorial Day long weekend after President Donald Trump threatened to impose tariffs on the European Union and Apple.
The blue-chip Dow Jones Industrial Average fell by about 500 points, or 1.2 percent, before the May 23 opening bell. The broader S&P 500 dropped by 80 points, or 1.4 percent. The tech-heavy Nasdaq Composite Index fell by nearly 400 points, or about 1.8 percent.
Over the past month, the leading benchmark averages have rebounded from the tariff-fueled market rout. Since April 23, the Dow Jones has risen 4 percent, the Nasdaq has advanced more than 10 percent, and the S&P 500 has climbed 6.5 percent….