The Closing Bell 🔔

September is typically the worst month for Wall Street, and today markets lived up to that reputation. The Dow fell over 200 points, the S&P 500 pulled back 0.8% and the Nasdaq dropped 0.9%.

Stocks continue to drop in the wake of mounting tensions between the U.S. and North Korea.

President Trump rescinded DACA this afternoon, risking the deportation of around 800,000 young adults who were born outside the United States but have lived in the country for a decade.

DACA deportations could cost the U.S. economy $400 billion and particularly hurt states such as California, Texas and Illinois.

Several CEOs have defended DACA in the wake of the announcement, with somecalling on Congress to keep DACA alive.

Hurricane Irma, a Category 5 storm, has caused Puerto Rico, the U.S. Virgin Islands and Florida to declare a state of emergency. It is expected to make landfall in the Caribbean later Tuesday. Some restaurant stocks have plummeted on the news, particularly those which have several location in potentially affected areas.