Stories

Stock markets reel after Trump travel ban

The Dow Jones fell around 200 points during trading on Monday morning, as the market reacted to President Trump's surprise executive order temporarily banning travel from several muslim-majority nations.

(function () { var attempt = 0, init = function(){ if (window.pym) { var pymParent = new pym.Parent("dow-drop-01302017", "https://graphics.axios.com/dow-drop-01302017/dow-drop-01302017-chart.html?c=0", {}); } else if (attempt++ & 40) { setTimeout(init, 50); } }; init(); })();

Data: Money.net; Chart: Lazaro Gamio / Axios

As John Conlon, chief investment officer at People's United Wealth Management, tells CNBC:

"I think it also has to do with what the immigration policy represents [in terms of] the way the Trump administration is going to operate. The fact is that you've got a major policy that was implemented very quickly. That's causing uncertainty."