Dow Sinks 300 Points On Fresh Fears Of A Global Slowdown

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The Dow Jones industrial average dropped as much as 462.04 points by early Tuesday afternoon on surprisingly weak economic data from China, a revised growth forecast from the International Monetary Fund and profit warnings from big companies like Johnson & Johnson.

Losses moderated on optimistic reports about US-China trade talks, and the index ended the day at down 301.87 points at 24,404.48.

The slump comes after a four-day rally last week that had left the Dow more than 800 points higher.

Read more at NY POST.

{Matzav.com}

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