5/18/2022, 7:42 PM (Source: TeleTrader)
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Dow plummets 1,000 pts as selloff continues

Negative sentiment on Wall Street continued to push stock prices down on Wednesday, with the Dow Jones Industrial Average index falling over 1,000 points. Walgreens Boots Alliance, Coca-Cola and Walmart led the losses on the index.

The Dow Jones dropped 3.18% or 1,033 points, the Nasdaq 100 was 4.52% down and the S&P 500 declined 3.59% at 1:46 pm ET with Target losing over 26% after announcing a disappointing earnings report.

The euro decreased by 0.66% against the dollar to go for 1.04792 at the same time.

Baha Breaking News (BBN) / MS