The Dow Jones Industrial Average dropped 542.4 points, or 1.23 percent, to 43,588.58. The S&P 500 declined 1.6 percent to 6,238.01, and the Nasdaq Composite slid 2.24 percent to 20,650.13.

WASHINGTON, Aug. 1 (Xinhua) -- U.S. President Donald Trump on Friday announced that he has ordered the firing of Erika McEntarfer, commissioner of the Bureau of Labor Statistics (BLS), accusing her of ...