US stocks take beating as Dow sheds 620 points & ‘Reddit Rebellion’ continues to drive massive surge in GameStop shares ...News

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US stocks take beating as Dow sheds 620 points & ‘Reddit Rebellion’ continues to drive massive surge in GameStop shares
US stocks have plunged across all major indexes, with the Dow Jones tanking more than 600 points in an “ugly day” for traders, as amateur investors continue to send GameStop’s share value soaring, up nearly 70 percent for the day. The Dow shed just over 620 points as markets closed on Friday, sinking more than 2 percent, while the NASDAQ and S&P 500 saw similar losses, declining 2.7 percent and 1.9 percent, respectively. All three benchmarks dropped by more than 3 percent since Monday, seeing their worst week in three months. Markets vs #gme on this Friday. Dow down big. GameStop back up big. @ActionNewsJax pic.twitter.com

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