The Dow Jones Industrial Average dropped about 500 points, falling in tandem with oil and gold prices and sparking worry among some investors of further turbulence ahead.
Monday’s losses were broad. Economically sensitive sectors like materials and industrials led the declines. Meanwhile, U.S. oil prices tumbled 5%, and gold, a traditional haven, fell 2.6%. The simultaneous declines across various asset classes spurred anxiety for some investors and traders who fear a repeat of March’s market turmoil.
The Dow dropped 1.9%, while the S&P 500 fell 1.2%. The technology-laden Nasdaq Composite lost 0.1% All three indexes recovered somewhat from their lows earlier in the day. The declines extend the stock market’s retreat into a fourth consecutive week, snapping a summer rally that had propelled the major indexes near record levels.
Fixed
I'm sure it has nothing to do with the Democrats desire to crash the economy before the elections!
Those big banks under investigation....
This means that when a stimulus does get approved most will go to corporations and wealthy investors again.
OH OH, TRUMP IS MAD NOW HIS BELOVED STOCK MARKET ISN’T LOOKING GOOD HERE
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DOW fell like 800 points then everybody started buying in the last hour.
Boo hoo!
Does the song on my profile have potential to blow up?
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