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Africa News Portal – Agencies |
August 15, 2019
WASHINGTON (Reuters) – Wall Street had a strong sell-off on Wednesday, pushing the Dow Jones industrial average to its biggest one-day drop since October 2018, as investors worried about the global recession. .
The Dow closed the session down 801.10 points, or 3.05%, to 25,479.42, while the broader Standard & Poor's 500 index was down 85.72 points, or 2.93%, to close at 2,840.60.
Both indices posted the lowest close in two months.
The Nasdaq Composite Index was down 242.42 points, or 3.02%, to 7,773.94.
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