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Investors dump shares; Dow's close is its lowest since 2020

Por: Los Angeles Times Business September 24, 2022

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Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates. The Dow Jones industrial average fell 1.6%, closing at its lowest level since late 2020. The Standard & Poor's 500 fell 1.7%, close to its 2022 low set in mid-June, while the Nasdaq composite slid 1.8%. The selling capped another rough week on Wall Street, leaving the... + full article



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