MarketsNewsStocks

US stock plunge sparks global sell-off

Market is unlikely to "bottom right away."

US stocks suffered their worst falls in more than six years on Monday in a sell-off sparked by concerns of higher interest rates.

Via BBC News (06 Feb.)

The Dow Jones Industrial Average index tumbled 1,175 points, or 4.6% to close down at 24,345.75.

Investors are reacting to changes in the outlook for the American and global economy, and what that might mean for the cost of borrowing.

 

Source
BBC News
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