Recently, the DOW Jones plunged a whopping 1,175 points and the S&P 500 went negative! The article highlights some more statistics on the situation and explains just how we go to that point. Here is an excerpt:
“U.S. stocks fell sharply Monday, extending a steep sell-off from the previous session, as investors rushed for the exits in the wake of rising interest rates. For the S&P 500, it was the worst day in six years.
The Dow Jones industrial average shed 1,175.21 points to 24,345.75 and briefly declined more than 1,500 points. The 30-stock index also briefly traded flat earlier in the session, before the selling returned. Overall, the Dow traveled more than 5,100 points during the session.”
To read the full article, click here!