Dow finishes down over 200 points and global markets dip after crude oil prices fall on news that Iraq will inject record oil production into oversupplied marketUS stock markets fell once more Monday as a renewed slump in oil prices,anxiety over global economic growth and central bank policies all but wiped out final week’s brief recovery.
The Dow Jones Industrial Average lost more than 200 points, or 1.3%, and the S&P 500 and tech-heavy Nasdaq both fell over 1.5%. European markets had already finished the day down: in London the FTSE 100 closed down 23.01 points,or 0.39%, Germany’s DAX dropped 0.29% and France’s Cac fell 0.58%.
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Source: theguardian.com