Wall Street has its worst day since 2022; Dow sinks 1,000



Business

The Dow Jones Industrial Average dropped more than 1,000 points, and the Nasdaq composite slid 3.4%.

Trader Robert Charmak works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024.
Trader Robert Charmak works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024. AP Photo/Richard Drew

NEW YORK (AP) — A scary Monday that started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy.

The S&P 500 dropped 3% for its…

Source link