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.


BBC News
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