Thursday, May 23, 2019

Dow Collapse Hits Crushing Level as Bond Yields Ignite Investor Panic

By CCN: The Dow and broader U.S. stock market extended their slide on Thursday, as investors cut ties with riskier assets and piled into the perceived safety of Treasurys after an emboldened China called out the United States for its apparent transgressions on free trade. Dow Plummets; S&P 500, Nasdaq Follow All of Wall Street’s major indexes headed for big losses on Thursday, with the Dow Jones Industrial Average on track for its fifth straight weekly decline. The blue-chip index declined by as much as 448 points, mirroring a volatile pre-market for U.S. stock futures. The Dow pared some of

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source https://www.ccn.com/dow-collapse-hits-crushing-level-as-bond-yields-ignite-investor-panic

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