The US markets ended lower.Dow Jones Industrial Average fell 497.57 points or 1.45 percent to 33,849.46, while Nasdaq dropped 176.86 points or 1.58 percent to 11,049.5.

Asian markets are also trading mixed on he unrest over China’s Covid restrictions.

US Markets end lower

The US markets ended lower.Dow Jones Industrial Average fell 497.57 points or 1.45 percent to 33,849.46, while Nasdaq dropped 176.86 points or 1.58 percent to 11,049.5.

S&P 500 was down by 62.18 points 1.54 percent to 3,963.94. 

Apple Inc also slid on worries about a hit to iPhone production. 

Asian markets are also trading mixed on he unrest over China’s Covid restrictions.