10/19/2022, 7:17 PM (Source: TeleTrader)
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Dow falls 250 pts as Wall Street changes course again

The Dow Jones Industrial Average index dropped over 250 points on Wednesday as sentiment on major stock exchanges in New York again changed. Investors in the United States will be monitoring the Federal Reserve's Beige Book to determine the state of the world's largest economy. The report will be followed by earnings reports by Tesla and IBM shortly after the markets close.

The Dow Jones lost 0.84% or 264 points at 1:14 pm ET, pulled down by The Home Depot, Dow Inc. and Amgen, all of which lost over 2%. The Nasdaq 100 was 1.04% down and the S&P 500 declined 1.28% at 1:15 pm ET.

The euro was 0.96% lower than the dollar, going for 0.97632 simultaneously.

Baha Breaking News (BBN) / MS