Dow Drops About 500 Points, Extending Selloff - News Summed Up

Dow Drops About 500 Points, Extending Selloff


U.S. stocks tumbled again Friday as investors continued to abandon the technology trade that had fueled the market’s recent rebound. The S&P 500 fell 2.3% and the Dow Jones Industrial Average slid 440 points, or 1.6%, as losses accelerated through the morning. The tech-heavy Nasdaq Composite retreated 4%. All three indexes declined at least 2.5% on Thursday, their biggest one-day declines since June. Technology...


Source: Wall Street Journal September 04, 2020 04:19 UTC



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