Dow sinks 700 points, dropping back below 30,000 to the lowest level in more than a year

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Dow sinks 700 points, dropping back below 30,000 to the lowest level in more than a year

Published Thursday 16 June 2022

The Dow Jones Industrial Average on Thursday tumbled below the key 30,000 level for the first time since January 2021 as investors worried the Federal Reserve’s aggressive approach toward curbing inflation would bring the economy into a recession. Markets had rallied on Wednesday after the Fed announced its...

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Details About the Article "Dow sinks 700 points, dropping back below 30,000 to the lowest level in more than a year"

This article was originally published by NBC News and was recommended by Stocks48.com a couple of days later due to its popularity. It has gotten a lot of attention and 120 comments have been submitted since it was published in June of 2022. The article "Dow sinks 700 points, dropping back below 30,000 to the lowest level in more than a year" is a news post and categorized as Stocks by stocks48.com and the main topics includes Allianz, Amazon, Business, Carnival, Cnbc, Dow, Economy, Federal Reserve, Housing Starts, Intel, Interest Rates, Jerome Powell, Jim Cramer, Markets, Morgan Stanley, Nasdaq, Netflix, Nvidia, Paypal, Stocks, Tesla, The Federal Reserve, U S Stocks, United, Walgreens & Walmart.

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