07.03.2018 - 18:42 [ USA Today ]

Dow drops 270 points after Trump‘s top economic adviser Gary Cohn resigns

U.S. stocks are sinking Wednesday as investors react to the departure of Gary Cohn, the top economic adviser to President Donald Trump. Wall Street liked Cohn, a former top executive at Goldman Sachs who opposed the administration‘s planned tariffs on imports of steel and aluminum. His departure could be a sign more protectionist policies are on the way.