The Dow Jones Industrial Average sunk 600 points on Friday, driven by a disappointing jobs report that sent the index below levels not seen since just before the pandemic-driven crash of early 2020.
Just over 29,900 at Thursday’s closing bell, by mid-afternoon the Dow had fallen to 29,278. That’s the lowest the average has been since roughly November of 2020 and just about where the index registered in mid-February of 2020, when pandemic-induced panic struck world markets and send the Dow cratering.
The steep decline on Friday was likely driven in large part by an underwhelming jobs report , which saw […]
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