Reported 4 months ago
The Dow Jones Industrial Average has dropped by approximately 1,000 points in just the past three days, with Thursday seeing the negative trend continue. Contributing to the decline were lackluster earnings from Salesforce, causing its shares to plummet by 19.7%. Factors include disappointing economic data, concerns about inflation, robust economic data, and worries that a stronger economy may lead to higher interest rates. This downturn follows a period of consistent gains, now potentially leading to a negative week for the S&P 500.
Source: YAHOO