U.S. stocks fell sharply on Friday after a stronger-than-expected jobs report sent interest rates higher.
The Dow Jones industrial average dropped 674 points, with Exxon Mobil sliding 5.3 percent. The 30-stock index also fell below 26,000. Friday also marked the first time since June 2016 that the Dow fell at least 500 points.
The S&P 500 fell 2.15 percent, with energy as the worst-performing sector. The Nasdaq composite declined 1.96 percent as a decline in Apple and Alphabet offset a strong gain in Amazon shares.
Read more at CNBC.
{Matzav.com}
is Moshiach on his way YET????
It’s all over. The wheels are coming off.
My mora d’asra said this would happen.
MAGA!!! Trump is making America great again. This is fake news by the media that wants to take him down. The DOW was not really down, and even if it was down it is good for American, and anyway it is all Obama’s fault in the first place. Nothing that happens under Trump is bad and if you think otherwise you are a leftist socialist blinded by the fake news mainstream drive-by media. Get a subscription to the alt-chareidi Yated to be enlightened and read the truth or you can just listen to Rush and Sean.
Muller – Did you short? Which stocks does your mora d’asra give a buy rating to?
Bitcoins