img-news

Dark week for Wall Street continues, Dow Jones down a further 500 points

  • Regular
  • Economy
  • 6 months ago
  • 102

This week has surely been one to forget for Wall Street as stocks again plummeted.

Weak U.S. job numbers and the never ending trade standoff between Washington and Beijing has sent the DJIA down to 500 points and the NASDAQ down by 2.4%.

The S&P500 rallied and up 1.88%.

Nevertheless all major indexes have been down by more than 4% this week.

The FAANG stocks all were in deeper waters and Apple shed 2% following Morgan Stanley slashing its price estimate.

Thank God it’s the weekend...

 

 

 

Source: Smart Trend Team