Dow closes down 291 points as Federal Reserve’s move to support rates at 0-0.25% reflects its concern for world economy US stock markets closed down nearly 2% on Friday following sharp falls across the world due to investors’ renewed concern about the health of the global economy after the US Federal Reserve decided to leave interest rates on hold.
The Dow Jones Industrial Average closed down 291.7 points (1.75%) to 16383 points. The S&P 500 lost 32.09 points (1.6%) to 1958.11, and the Nasdaq fell 66.72 points (1.36%) to 4827.23 points.
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Source: theguardian.com