Online retailers fall sharply on Thursday. Dow Jones Industrial Average ends the eighth straight session in the red. Trade worries continue to drag industrial sector lower. Major equity indexes in the United States started the day slightly lower and extended their losses amid revived concerns over trade conflict and the U.S. Supreme Court’s decision to allow states to collect sales taxes from online retailers. The online retail store Amazon lost more than 1% on the day after the Supreme Court overturned a ruling from 1992 exempted online retailers from paying sales tax if they didn’t have a physical presence in the state. Another widely used e-commerce platform eBay, meanwhile, dropped more than 3%. After closing the previous day slightly lower, the CBOE Volatility Index, Wall Street’s fear gauge, rose nearly 15% on Thursday. Caterpillar and Boeing, two industrial giants that have been hit the hardest by the trade conflict between the United States and China, dropped 2.5% and 1.% respectively. “You have seen the tug of war as far as investors are concerned with the trading ranges since the announcement, it would appear it is still to be determined the absolute level of ramifications,” Eric Wiegand, senior portfolio manager at U.S. Bank Private Wealth Management in New York, told Reuters. Meanwhile, the S&P 500 Energy Index (SPNY), lost nearly 2% as crude oil prices remained under pressure on the expectations of OPEC announcing a supply hike in Vienna on Friday. The Dow Jones Industrial Average dropped 196.34 points, or 0.8%, to 24,461.46, the S&P 500 fell 17.66 points, or 0.64%, to 2,749.66 and the Nasdaq Composite lost 68.57 points, or 0.88%, to 7,712.95. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Technical Analysis: Yellow metal reaches new 2018 low at $1,260.97/oz FX Street 5 years Online retailers fall sharply on Thursday. Dow Jones Industrial Average ends the eighth straight session in the red. Trade worries continue to drag industrial sector lower. Major equity indexes in the United States started the day slightly lower and extended their losses amid revived concerns over trade conflict and the U.S. Supreme Court's decision to allow states to collect sales taxes from online retailers. The online retail store Amazon lost more than 1% on the day after the Supreme Court overturned a ruling from 1992 exempted online retailers from paying sales tax if they didn't have a physical presence in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.