Dow Jones sinks 0.6% to lowest in over a month
Dow Jones Industrial Average fell 0.6% Wednesday, sliding to its lowest level in more than a month and the weakest mark since July 31.
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Dow Jones Industrial Average fell 0.6% Wednesday, sliding to its lowest level in more than a month and the weakest mark since July 31.
The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecasts of an 80,000 gain, while May and June payrolls were revised down by a combined 103,000. Average h
U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume. West Texas Intermediate crude sank 5.9% to $79.69 a ba
A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve’s rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records. President Donald Trump threatened strikes against