Dow Drops as Recession Looms!

[PocketOption]

Dow Drops as Recession Looms!

Indices fell Monday on fears that the Fed will continue hiking until it tips the economy into a recession.

A hotter-than-expected reading of ISM Services and NFP data further fuelled concerns.

After dropping almost 500 points, the Dow does remain resilient, especially after recovering in the last few months.

Timestamps

DOW 01:45

NASDAQ 03:00

 

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Source: Dow Drops as Recession Looms!