Dow closes down over 200 points after record drop in US GDP

Credit: WorldNews- Published 5 days ago
New York, July 31 : Wall Street’s major averages closed mostly lower after data showed the US economy contracted massively in the second quarter. On Thursday, the Dow Jones Industrial Average decreased 225.92 points, or 0.85 per cent, to end at 26,313.65, after dropping more than 500 points earlier in the session. The S&P 500...
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Dow Jones Industrial Average

Stock market index
New York, Aug 3 : US stocks opened higher on Monday, bolstered by solid gains in big tech names. Shortly after the opening bell, the Dow Jones Industrial Average..
1 day ago • WorldNews
NEW YORK, Aug. 3 (Xinhua) -- U.S. stocks opened higher on Monday, bolstered by solid gains in big tech names. Shortly after the opening bell, the Dow Jones..
2 days ago • WorldNews
New York, Aug 1 : US stocks finished higher on Friday, fueled by strong earnings reports from big tech names. On Friday, the Dow Jones Industrial Average..
4 days ago • WorldNews

Wall Street

Street in Manhattan, New York
Jim Hackett, who failed to impress Wall Street, will be replaced by James Farley, an auto industry veteran who started his career at Toyota.
Credit: NYTimes.com - Published 20 hours ago

Wall Street loves the software giant's "big bet" as a way to attract consumers and take on Facebook.
Credit: CBS News - Published 2 days ago

Ford Ford reported second-quarter earnings and beat Wall Street estimates. Ford lost $0.35 per share on an adjusted basis, with revenue of $19.4 billion. In..
6 days ago • WorldNews

New York City

Largest city in the United States
The president selectively highlighted statistics, falsely claimed New York and New Jersey were solely responsible for high national death rates and again wrongly..
Credit: NYTimes.com - Published 9 hours ago

Tropical Storm Isaias is leaving a deadly trail across the New York City area, knocking out power and uprooting dozens of trees ... one of which crushed a man in..
Credit: TMZ.com - Published 12 hours ago


S&P 500 Index

Stock market index
NEW YORK — Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve kept the accelerator floored..
1 week ago • WorldNews

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Related news from verified sources

New York, July 31 : Wall Street’s major averages closed mostly lower after data showed the US economy contracted massively in the second quarter. On Thursday,...
5 days ago • WorldNews

Extending the see-saw performance seen over the past few sessions, stocks have moved sharply lower in morning trading on Thursday after ending the previous...
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Stocks are likely to move to the downside in early trading on Thursday, extending the see-saw performance seen over the past few sessions. The major index...
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