Dow plunges by more than 600 points in massive market sell-off
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(Worthy News) – The Dow Jones Industrial Average sank by more than 600 points Monday, dragged down by a tumble in Apple and Amazon shares, mounting geopolitical concerns, and a strengthening dollar.
The S&P also stumbled, falling by 2 percent after shares in Goldman Sachs sank by more than 7 percent amid reports that Malaysia is seeking a multimillion-dollar refund from the investment firm for its role in the country’s 1MDB state fund money-laundering scandal.
The tech-heavy Nasdaq composite index was down 2.8 percent. [ Source: NBC News (Read More…) ]
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