Weekend Money Markets Roundup August 03, 2024 ...Middle East

Quartz - Economy
Weekend Money Markets Roundup August 03, 2024
source : Quartz ( Middle East ) () 60
A day after rallying due to the Fed’s softened tone on interest rates, stocks plummeted again on Thursday as unemployment is growing faster than expected. By the end of the day, the Dow Jones Industrial Average shed nearly 500 points, or 1.2%, to 40,346. The Nasdaq dropped 2.3%, while the S&P 500 lost 1.3%. -…Read more...

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