(CNBC) -- U.S. stocks dropped on Tuesday after President Donald Trump said a highly anticipated summit with North Korea may not happen after all.
The Dow Jones industrial average fell 200 points as Boeing shares declined 2.5 percent, while the S&P 500 and Nasdaq composite lost 0.4 percent and 0.3 percent, respectively.
"Whether or not it happens, you'll be knowing pretty soon," Trump told reporters at the White House. The summit with North Korean leader Kim Jong Un is scheduled for June 12 in Singapore.
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