DOW Tumbles – Closes Down More Than 650 Points – Worse Week in Two Years
One of the Worst Closes Ever
The DOW just ended the worst week in at least two years, closing down 665 points. Experts say it’s related to news wages rose sharply over the past month, which could force interest rates higher.
Financial commentators noted the Nunes memo contributed to the lack of confidence in the markets and the decline.
This is what it looked like minutes before the market closed:
BREAKING: Dow plunges 670+ points https://t.co/DQ2BKK8qPi pic.twitter.com/w7V37QGtjF
— CNBC Now (@CNBCnow) February 2, 2018
This was the news about an hour before closing:
MARKET CHECK: Stocks near session lows, with the Dow off more than 550 points https://t.co/DQ2BKK8qPi pic.twitter.com/PJMK4ZC1CU
— CNBC Now (@CNBCnow) February 2, 2018
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