US markets, Business, Stock markets, Market turmoil, Economics, US-Israel war on Iran, Global economy
Dow fell 800 points as oil prices continue to climb, and markets are still on edge despite US pause on Iranian energy strikes
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The US stock market closed on Friday with a selloff that sent the Dow into correction territory, capping off the fifth consecutive week that markets closed down.
The Dow fell 800 points on Friday, pushing the index into correction territory, which occurs when an index falls 10% below its peak. The tech-heavy Nasdaq index, which entered a correction Thursday afternoon, dropped another 2% while the S&P 500 closed 1.6% lower.
Continue reading… The Guardian
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