Dow slides more than 700 points as the economic outlook gets drearier - News Summed Up

Dow slides more than 700 points as the economic outlook gets drearier


New York (CNN Business) The Dow and the broader US stock market tumbled Friday as investors grow increasingly worried about the economic outlook. The Dow and the Nasdaq Composite recorded their worst day since June 11, when the market tanked because of similar concerns. Only one Dow stock ---- closed in the green. Banks were among the worst performers following the results of the Federal Reserve's stress test late Thursday. So far, the stock market has proven somewhat resilient against the climbing new infection rates in states like Texas and Florida.


Source: CNN June 26, 2020 15:10 UTC



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