Dow slides 3,000 points in grisly day on Wall Street [MSNBC.com]
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Source: MSNBC.com
Wall Street had a grisly start to the week, with the Dow Jones Industrial Average sliding by 3,000 points, or 13 percent, to end the day at 20,188, a few hundred points above where it was when President Donald Trump took office. The S&P 500 and Nasdaq closed the day with a decline of around 12 percent each. The Dow closed at 19,732 on Jan. 19, 2017, the day before Trump was sworn in. Monday's massive sell-off came despite emergency action from the Federal Reserve over the weekend Let our news meet your inbox. The news and stories that matters, delivered weekday mornings. This site is protected by recaptcha Privacy Policy Dow drops nearly 3,000 points, words day since 1987 March 16, 2020 01:19 The seriousness of the situation implied by the Fed’s response triggered global selloffs in stocks, oil futures and even gold, which is usually seen as a “safe haven” investment when stocks tumble. While Treasury Secretary Steven Mnuchin said Sunday he did not see any imminent recession due to t
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