Dow Drops 800 Points in Worst Sell-Off of the Year
Dow Drops 800 Points in Worst Sell-Off of the Year
Stocks dropped sharply Wednesday after the bond market sent a recession signal and the German and Chinese economy reported weaker than expected economic data.
The Dow Jones Industrial Average dropped by 801 points by midday, falling 3 percent. The S&P 500 fell 2.9 percent, the Nasdaq Composite fell 3 percent, and the small-cap Russell 2000 fell by 2.6 percent.
It was the worst day for the major indexes since December 2018.
https://www.breitbart.com/economy/2019/08/14/stocks-plunge-as-treasury-market-signals-recession-warning/?utm_source=newsletter&utm_medium=email&utm_term=daily&utm_campaign=20190814&utm_content=Final
