Tuesday, May 21, 2024
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The Dow Is Down More Than 100 Points

Stocks in the United States sank on Wednesday after Fitch lowered the country’s long-term rating as traders scrutinised the latest round of second-quarter earnings announcements.

The Dow Jones Industrial Average fell 146 points, or 0.4%, to close at a new low. The S&P 500 fell 0.8%, while the Nasdaq Composite dropped 1.1%.

Source (CNBC)

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