Wall Street stocks plunge for a fourth straight session, amid rising doubts over the US economy, after Treasury Secretary Steven Mnuchin’s efforts to reassure investors fell flat.
The Dow Jones Industrial Average slumps more than 650 points, or 2.9 percent, to 21,792.20.
The broad-based S&P 500 falls 2.7%, to 2,351.11, while the tech-rich Nasdaq Composite Index slides 2.2%, to 6,192.92.
CNBC reports the losses are the worst ever for Wall Street on Christmas Eve, a holiday shortened session ahead of tomorrow’s holiday, when markets will be closed.
— AFP
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From the Liveblog of
Monday, December 24, 2018
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