BREWAKING NEWS |Dow Posts Biggest One-Day Point Drop Since October

New York, SUA – Wall Street sold off sharply on Wednesday, with the Dow registering its largest one day point drop since October 2018 as investors were gripped by increased concerns about a recession after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years.

Based on the latest available data, the Down Jones Industrial Average fell 800.49 points, or 3.05%, to  25,479.42, the S&P 500 lost 85.72 points, or 2.93%, to 2,840.6, and the Nasdaq Composite dropped 242.42  points, or 3.02%, to 7.773.94. O

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s