Wall Street, dollar tumble as investors retreat further from United States

Must read

Wall Street, dollar tumble as investors retreat further from United States

New York, Apr 21 (AP) US stocks are tumbling as worries about President Donald Trump’s trade war and his criticism of the Federal Reserve cause investors to pull further from the United States.

The S&P 500 fell 2.6 per cent Monday and was 16 per cent below its record set two months ago. The Dow Jones Industrial Average dropped 1,000 points, and the Nasdaq composite sank 2.9 per cent. Big Tech stocks led the way lower ahead of earnings reports coming this week from Tesla and others. Perhaps more worryingly, the value of the US dollar also sank as a retreat continues from US markets. The yield on the 10-year Treasury briefly topped 4.40 per cent before regressing. (AP) GSP

Category: Breaking News

SEO Tags: #swadesi, #News, Wall Street, dollar tumble as investors retreat further from United States

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article