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America suffers from the biggest drop in stocks

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rocky
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America suffers from the biggest drop in stocks

Post by rocky on Wed 07 Feb 2018, 1:37 am

America suffers from the biggest drop in stocks
Business  Tuesday, 06 February 2018 at 11: 13 am (264 views)
America suffers from the biggest drop in stocks
Follow-up / Sky Press

US stocks fell in volatile trading Monday and the Dow Jones industrial average fell about 1,600 points at session lows, the biggest drop in all-time trade, with a long-awaited downward correction deepening from record highs. According to Reuters.

The Dow Jones industrial average closed at 1175.21 points, or 4.6 percent, at 24,345.75. The Standard & Poor's 500 Index <.SPX> was down 113.19 points, or 4.10 percent, to end unofficially at 2,648.94.

In the first comment, the White House said in response to a slump in financial markets that President Donald Trump was focusing his policies on the fundamentals of the long-term economy, which remained strong.

According to AFP, the White House said, the US economy is still "very strong."







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