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NEW YORK, United States (AFP) — Wall Street tumbled back into sell-off mode Thursday, with the Dow plunging more than 1,000 points as worries over interest rate hikes continued to drag the market down. The Dow Jones Industrial Average plummeted 4.2 percent to 23,860.46. The broad-based S&P 500 sank 3.8 percent to 2,581.00, while the tech-rich Nasdaq Composite Index plunged 3.9 percent to 6,777.16. With Thursday’s losses, the Dow and S&P 500 have now fallen […]
NEW YORK, United States (AFP) — Wall Street stocks endured a brutal session Monday, with the Dow seeing one of its steepest ever one-day point drops, as the heady bullishness of early 2018 gave way to extreme volatility. The Dow Jones Industrial Average tumbled 4.6 percent to 24,345.75, having at one point plummeted nearly 1,600 points to hit a session low of 23,923.88. The broad-based S&P 500 dropped 4.1 percent to 2,648.94, while the tech-rich […]
NEW YORK, United States (AFP) — Wall Street’s vaunted Dow Jones Industrial Average was a lonely bright spot in the West on Tuesday as stocks were mainly down following an Asian rally. European equities markets retreated on worries over simmering Middle East tensions, sparked by a Saudi Arabian political crackdown that sent oil prices soaring on Monday. Wall Street opened higher and the Dow just barely scraped into positive territory at the close of trading, […]
