Market Report - US Close

US close: Dow Jones sheds more than a thousand points amid recession fears

By Iain Gilbert

Date: Monday 05 Aug 2024

(Sharecast News) - Wall Street stocks closed sharply lower on Monday amid fears that a potential US recession may be on the horizon.
At the close, the Dow Jones Industrial Average was down 2.60% at 38,703.27, while the S&P 500 lost 3.00% to 5,186.33 and the Nasdaq Composite saw out the...

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