Markets
Wall St ends sharply lower on recession fears
NEW YORK : Rising fears of another recession hammered US stocks on Thursday, sending major averages more than 3 percent
By
NEW YORK: Rising fears of another recession hammered US stocks on Thursday, sending major averages more than 3 percent lower in a rerun of the extreme fluctuations investors had hoped were over.
The Dow Jones industrial average was down 419.17 points, or 3.67 percent, at 10,991.04, according to the latest figures. The Standard & Poor's 500 Index was down 53.15 points, or 4.45 percent, at 1,140.74. The Nasdaq Composite Index was down 131.05 points, or 5.22 percent, at 2,380.43.
Copyright Reuters, 2011
More Stories
Comments
Comments are closed for this article.