Tag : Dow drops

Business

Wall Street records sharpest plunge since 2020, Dow drops 1100 points

omandailynews.com
On Wednesday, the Dow Jones Industrial Average recorded its biggest plunge since 2020 after another prominent retail company warned of escalating prices, reinforcing investors’ apprehensions about future inflation, and triggering the catastrophic 2022 sell-off. The Dow lost 1,164.52 points, or 3.57%, to 31,490.07, the index’s steepest slide since June 2020.......