Dow Jones Drops Over 1,000 Factors As Inventory Market Retains Slumping

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The Dow Jones continued to plunge Monday, falling greater than 1,000 factors simply minutes earlier than the closing bell in a deep-diving drop that began final week.

Monday’s hunch introduced the index again under 25,000 factors, a degree it first crossed a few month in the past. The drop comes after the Dow’s devilish 666-point plunge on Friday, which despatched traders scrambling.

Inventory brokers have anxious that creeping indicators of upper inflation and rates of interest may derail the in any other case constant upswing that the financial system has seen below President Trump’s first yr in workplace.

The Monday drop marks the largest factors plunge for the reason that 2008 recession by far.

Trump, who has taken credit score for market booms, has stayed conspicuously mum on the current market free fall.

It is a breaking story. Please examine again for updates.

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