Dow Extends Brutal Plunge as Recession Fears Pummel Stock Market
The Dow and broader U.S. stock market extended their slide Monday after an inverted yield curve stoked fears of an impending recession for the world’s largest economy. Dow Extends Slide; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued lower at the start of the week, reflecting a tepid pre-market session for Dow futures. The Dow Jones Industrial Average declined by as much as 128 points before paring losses later in the session. The index was last down 62 points, or 0.2%, to 25,440.08. The broad S&P 500 Index of large-cap stocks declined 0.4% to close at 2,790.73.
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