US stocks tumble after Trump immigration order

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New York - US stocks finished sharply lower on Monday due to unease over the Trump administration's controversial crack down on immigration, sinking the Dow below the 20 000-point mark it hit last week.

Analysts said the moves to prohibit people from seven predominantly Muslim countries from entering the United States and to impose a temporary ban on refugees, risked delaying enactment of tax cuts and other policies that have repeatedly helped lift US stocks to records after the election.

"There's a chance that some things everyone would like to see accomplished might take longer," said Art Hogan, chief market strategist at Wunderlich Securities.

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