Thursday, 19 May 2022

US Stock Markets Fall Sharply as Investors Worry about Recession

THE GUARDIAN: Dow Jones sinks more than 1,100 points as S&P closes down 4%, its largest fall since June 2020, and Nasdaq loses 4.7%

The wild ride on the US stock markets continued on Wednesday with the Dow Jones Industrial Average sinking more than 1,100 points as investors worried about a looming recession.

All of the major US markets fell sharply, with the S&P closing down 4%, its largest fall since June 2020, and the tech-heavy Nasdaq losing 4.7%. » | Dominic Rushe in New York | Thursday, May 19, 2022