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5/18, 6:07 PM (Source: TeleTrader)
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Wall Street extends fall, Dow plunges over 800 pts

Major stock markets in the United States extended their fall on Wednesday, led by retailers whose results were published yesterday. The country's Census Bureau observed a monthly increase of 0.9% in April. Besides, comments from Federal Reserve Chairman Jerome Powell late Tuesday suggested that interest costs are likely to rise as well.

The day has also been marked by Target Corp. shares falling more than 26% following unexpected first-quarter 2022 results.

The Dow Jones lost 2.48% at 12:05 pm ET or 809 points, while the Nasdaq 100 fell 3.57%, and the S&P 500 declined 2.96%. The euro was down by 0.58% against the dollar a minute later, selling for $1.04876.

Baha Breaking News (BBN) / JG